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Hallmark Card Retailer & Café For Sale

Advert Ref: 2240
Warminster, United Kingdom

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Asking price:
£79,500
Sales revenue:
£150,000
Net profit:
Available on request


The business has traded as a card and gift wrap shop for many years, however within the last few years the owners have taken it a little more upmarket and have secured a ‘Hallmark’ business relationship, whereby they have received support in a total refurbishment of the shop and have gained access to all ‘Hallmark’ branded products. This is not an exclusive arrangement; they are entitled to stock other supplier’s products but they choose to take advantage of Hallmarks huge range of merchandise and giftware which is supplied on preferential terms.


Living accommodation:
na
Location:
The business is situated on the main high street in Warminster, a popular and attractive location which has a bustling high street providing a wide array of independent (and national brand) shops for the local residents and outlying villages. Population is around 17300 (2001 census)
Premises details:
Spacious double fronted property which has been totally restyled and refurbished, all of the displays have been supplied by Hallmark and are of a very high standard and are totally suited to the display of this type of merchandise. The current lease expires in 2011 and is fully renewable Annual rent is £21,000 pa including the basement café; the tenant has internal repairing obligation and the external windows. The café currently pays £940 per month concession fees; plus an energy contribution of £250 per quarter

Reasons for selling:
Retirement

For more information about this business for sale, click the Contact Seller button.


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