Freehold Greeting Cards / Stationers & Toys
Location United Kingdom
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1973
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Pursue their other business commitments.
Description GREETINGS CARDS, STATIONERS & TOYS IN LEICESTERSHIRE. REF:8445 LE. ASKING PRICE:FREEHOLD: œ599,000 + SAV. Our clients are located on a small industrial estate in a small town within Leicestershire. They have a large warehouse comprising 5,100 sq ft on the ground floor with an additional 1,000 sq
ft on a substantial mezzanine area above. This niche business has no other serious competitors within the county, the nearest being in Nottingham and Sheffield. Leicestershire is situated in the heart of the Midlands and has excellent road links via the M69 to the M6 and directly onto the M1. East Midlands and Birmingham airports are both less than an hour's drive.
Advent Business Sales are delighted to offer to the market this extremely well established and reputable greetings cards, stationers and toy wholesale business for sale, which was set up by the present vendor's grandfather in 1973 and has been in constant ownership of the family since then. They have only now reluctantly decided to sell to enable them to pursue their other business commitments. The company operates this niche business from a large freehold warehouse in Leicestershire and although 90% of its sales are delivered, it does also operate a cash and carry, which is very popular with its local customers.
The vendors run the business to suit their personal circumstances and there are huge opportunities to grow the turnover and profits further by:
- Opening all day on Sunday rather than the 3 hours at present.
- Open on Saturday's, when at present they are closed.
- Remaining open for longer during the week, they currently close at 5pm.
- Advertising - the business is only currently advertised in the Yellow Pages.
The business also have sales agents, which are based in Leicestershire, Warwickshire, Norfolk, Lincolnshire and Nottinghamshire, clearly there is scope to appoint others around the country.
Click Here To Contact Seller
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