Card Connection franchise for sale in Oldham

Based around Greater Manchester, this area holds plenty of potential for a hardworking individual. Relatively compact geographically, making it accessible and manageable, the business is teeming with development possibilities. The well-established area contains a welcome mix of store types including esteemed National Account partners and thriving convenience stores.

Size of Business

• Annual Sales: £93,096
• Gross Profit: £42,000
• Number of Outlets Trading: 220

THE ABOVE FIGURES ARE FOR GUIDANCE ONLY – FRANCHISEE ACCOUNTS WILL BE PROVIDED WITH EXACT NUMBERS AT A LATER STAGE

Investment Required

• Goodwill (note 2): £23,100
• Goodwill % 55%
• Stock & Display Equipment (note 3): £33,700
• Other (inc CC training, area licence fee, stationery) (note 5): £ 6,540
• Total (note 5): £63,340

About Card Connection

Established in 1992, Card Connection franchise is one of the UK’s largest card publisher and is the market leader in the franchise distribution of greeting cards.

Card Connection only offer established businesses for sale (resales), so you will receive an income from day 1, as well as detailed sales history.

Card Connection is a FULL member of the British Franchise Association and is viewed as one of the UK’s best run franchise operations.  In 2008, Card Connection became part of UK Greetings Limited, the UK’s largest card publisher, as well as the British subsidiary of American Greetings Inc., the world’s largest greeting card company.

Card Connection franchisees provide bespoke card displays to approximately 12,000 outlets/retailers throughout the UK and Republic of Ireland. These are largely convenience outlets, such as Spar, Budgens, BP and Londis to name but a few. Franchisees also supply seasonal ranges, including Valentine’s Day, Mother’s Day, Father’s Day and Christmas, plus we supply Gift wrap, Gift Bags and Party lines.

We are working towards having all Card Connection cards FSC approved, and other environmental changes have been made, e.g., no longer using glitter, changing to paper straws etc.

Important notes:

• 1. Gross Profit is based on draft accounts. If proceeding to the next stage you will need to verify the figures from the selling franchisee’s accounts, which will be made available to view.
• 2. Goodwill price is calculated according to the level of Gross Profit achieved and is subject to final negotiation between yourself and the selling franchisee.
• 3. The value of stock and display equipment is an estimate only, and a full and accurate stock take is carried out at time of sale. We have strict criteria on what stock can be transferred to ensure that it is current and appropriate in quantity.
• 4. This figure excludes working capital. For guidance, allow around 10% of Annual Sales Turnover. A detailed cash flow will need to be prepared (we can assist in this process if required).
• 5. VAT is payable on items in Note 5, but is fully recoverable from HM Revenue & Customs. (VAT is not payable on Goodwill and Stock).
• 6. These particulars are for guidance only and do not form part of any contract.
• CARD CONNECTION IS WELL KNOWN TO ALL THE MAJOR BANKS’ FRANCHISE UNITS AND FUNDING IS AVAILABLE SUBJECT TO YOUR STATUS.

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