Asking price: £12,500

Sales revenue: £36,365

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Description:
Located in the central high street of this large Staffordshire village, this petite card and gift shop is an ideal, fist time, business opportunity.

Established here for 15 years, our clients have owned the business for the past 5. There is an approximate split of 75% to cards and 25% to gifts.

Whilst the current owners do not work in the business, a new owner could easily manage the shop single-handed and remove all wages costs, thereby increasing profits.

Premises Details:
The business occupies the ground floor space of around 54 m² which incorporates a kitchen and staff toilet.

Years established: 15

Property: Leasehold

Lease terms
3 years remain on the lease with a moderate rent of £5,960 per annum.

Location
The business sits on one of the main streets through the village, directly next to the zebra crossing for the road and opposite the supermarket.

This excellent position bings regular footfall to the store.

Reasons for selling
Our client cannot dedicate time and effort required to the business due to commitments in their other non competitive, full time business venture. This small business is an ideal alternative to a new startup. Its place in the community is already established and a new owner can concentrate their efforts on growing turnover.