Card Connection Norwich franchise for sale
Card Connection’s longest serving franchisee of 32 years is selling his Norwich business due to retirement.
Norwich is a well-organised and well managed territory, that offers the right individual / couple a solid base upon which to develop it further.
The heart of this area is the great Norwich City. You're surrounded by lots of beautiful towns and villages, including Holt and Hunstanton in north Norfolk to Aylsham, Dereham and Wymondham in mid Norfolk. Further south you have towns such as Southwold, Halesworth, Beccles and Bungay. Not forgetting all the amazing coastline towns of Sheringham, Wells, Cromer, Great Yarmouth and Lowestoft.
Card Connection is the market leader in the franchised distribution of greeting cards and operates a Franchise Network which covers the UK and Ireland. They supply over 12,000 outlets, mainly in convenience, from independent retailers through to major National Accounts such as BP (M&S Simply Food), Spar, Nisa, Budgens, Costcutter, Premier, Londis, M Daily, & WH Smith (Motorway) and also includes National petrol retailers Shell, Esso Rontec (Shop and Drive) and Sainsburys (BWG Spar in Ireland and C.J. Lang’s Spar in Scotland).
Martin currently supplies 231 outlets; including high value national accounts and many high value independents. He has built strong relationships with his outlets, providing an excellent customer service which has helped increase sales during his ownership.
Card Connection Norwich was previously run with one merchandiser (part time), a packer to make up the orders (part time), with Martin on the road most of the week. In recent years with retirement pending, Martin chose to be off the road and instead chose to recruit two additional part time staff members, allowing him to focus on manging the business.
The business can be replanned to suit the incoming new owners.
Martin will ensure that you are given a thorough handover and introduction to the area’s customers.
For the right person, there is the opportunity to grow from the 231 outlets the current franchisee supplies and significantly grow the business and profitability.
- Annual sales: £193,097
- Gross Profit: £85,170
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Selling price £135,332 includes:
- Goodwill - £55,360
- Stock and fixtures & fittings* - £73,431.
- Other, inc CC training, area license, stationary - £6,540
*Please be aware the stock valuation is under review due to being heavily over stocked and is now in the process of being significantly reduced.
Card Connection is well known to all the major banks’ Franchise units and funding is available subject to your status.
To find out more about this Card Connection business for sale, please fill in the form and include any questions you have.
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