Business Hilton Smythe welcomes to the market Ware Card Centre, which has been a card shop for over 20 years and owned by our clients for the past 6 years; who is now looking to spend more time with family.
Ware Card Centre has a large stock of cards, gifts, party merchandise, balloons and banners. The business is the sole supplier for ty plush toys for the area and is the exclusive supplier of Ware gifts.
Due to its long established business relationships, Ware Card Centre benefits from discounts from many suppliers.
The business has a loyalty card scheme that brings in buyers from the town and surrounding villages up to a radius of circa 5 miles.
The business has a Facebook page with 4.3* rating and a website.
Scope for development: Upgrade website. Add more party lines. Add balloon delivery. Add gift ware. The current owner only works part time.
Hilton Smythe highly advise early viewing to avoid disappointment.
Location Ware Card Centre is located in Ware, Hertfordshire. Ware is a town with a population of circa 19,000 and is positioned just off the main A10 road which leads to London and Cambridge and the A414 to Harlow.
Located in a prominent street corner position on the High Street, the shop can be located easily and has a highly visible fascia. There is an abundance of car parking locally with a mix of paid for car parks and one hour free parking.
Premises Change of use to an A3 licence will need to go through the East Herts District Council; an application will need to be processed. If change of use is required, the business will still need to be purchased along with the stock.
The premise is entered directly off the main street and in to the main shop area with:
Large central double-sided card stand. Card stand to length of one wall. Display for novelties. Hanging space for balloons and banners. Shelving for ty plush toys. CCTV cameras and display. Service counter with till and storage area. Door to stock room with multiple shelving and door to staff toilet and wash facilities.
Tenure We are advised the business is being sold as a leasehold business opportunity.
Original 10 year lease that commenced October 2008.
The landlord is flexible with regards to renewal of the lease.
Hours The business opening hours:
Monday-Saturday: 9am – 5.30 pm Sunday: 11am – 3pm
Staff The business is run and managed by our client, with the help of 4 part time members of staff.
Financial Profile Ware Card Centre generated an advised turnover of £134,156 as of the 2017 accounts, with a gross profit of 54%.
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