Archived
Highly rated Cards and Gifts business for sale
Brighton, East Sussex
- Asking Price: £49,995 +SAV
-
Turnover:
Full financials can be made available upon further request.
Please quote reference B06904
- Tenure: Leasehold
Please quote reference B06904
Hilton Smythe is delighted to present to the market Georges Gems Balloons, Cards & Gifts.
The highly regarded business has been established in this area for over 35 years and was later purchased by our client 3 years ago who set out to totally transform the tired business into the very successful business you can now see in the business photographs attached today.
Our client is now looking to sell the ‘Turn-key’ business to allow him to semi-retire and concentrate on other business interests.
Georges Gems Balloons, Cards & Gifts offers a large range of greeting cards, party goods, balloons, table centrepieces, celebration badges & banners, candles, gift wrapping paper, gift key rings, jewellery, personalised champagne flutes, teddy bears, soft toys, gift bags and large range of wedding gifts.
In addition to the excellent level of walk in retail sales, our client has also added a new online presence on the following platforms -
- Amazon - 4.5/5 star customer feedback
- eBay - 508 followers with 99.9% positive customer feedback (119,945 feedbacks received)
Key selling points -
- Business website
- 4.8/5 Google review score
- Facebook page - with 3,366 followers
- 5 star Facebook customer review score
- Excellent local customer reputation
- Very large stock range
- Enviable location
- Further online growth potential
- Full business handover offered
- Excellent lease terms
Further growth opportunities -
- Extend current opening hours
- Increase advertising/social media
- Increase online orders
- Increase links with local party/wedding planners
- Extend current product range
The sale of the business includes the following equiptment -
- TV screen split into 4 with 4 cameras
- 100's Slatwall hooks
- 20 Slatwall shelves
- 1 Cupboard
- 19 Card stands
- 5 Erect shelving units
- 4 Flat shelving units
- 2 Jewellery cabinets
- 4 Birthday wrap holders
- 5 Cardboard cards stands
- 1 Desk
- 2 Additional shelving units
- 3 Upright card racks
- 1 Till
- Alarm/CCTV system
- Ceiling hooks
- 2 Chairs
- 1 Hoover
- Cast iron racking
- 1 Fan
- 1 Heater
- Helium tank
We are advised that the business is owner run and managed.
The business hours are -
Monday – 9:00am – 5:00pm
Tuesday – 9:00am – 5:00pm
Wednesday – 9:00am – 5:00pm
Thursday – 9:00am – 5:00pm
Friday – 9:00am – 5:00pm
Saturday – 9:00am – 5:00pm
Sunday - Closed
Georges Gems Balloons, Cards & Gifts is located on the busy Boundary Road, Portslade in Brighton.
The popular parade of shops includes many independent retailers, high street banks, a Boots chemist facing and a Tesco Metro with multi storey car park which is only a few doors up.
The business sits central to the Portslade seafront and Portslade mainline train station which attracts a consistent footfall from both local residents, commuters and tourists.
Portslade is a vibrant area with lots of new housing being developed and only 5 miles west of central Brighton.
Boundary road connects north to the A270 and A293 which connects commuters directly to the A27 and A23 cross country link roads.
Large retail space (with 2 front window display areas)
Staff kitchen and stockroom
2nd larger stockroom
2 x staff toilets
Tenure
We are advised that the business is being sold on a Leasehold basis, with 4 years remaining on the 7 year lease. The rent is £1,250 per month.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
