Greeting cards retailer and wholesaler
For sale (ref: SCF0415) - added 05 July 2010
An established multiple greeting card retailer that is supplied by its own wholesale business, the retail chain has multiple stores throughout the UK. Combined turnover £7million.
Two separate Limited companies under common ownership. The Wholesale Company is responsible for buying and distribution of merchandise to the Retail Company, which in turn is responsible for the entire retail process.
24 high footfall trading retail stores in the UK together with 4,000sq ft. warehouse distribution and admin centre. 2 million customers per annum all from high footfall, passing trade.
Managing Director and a Company Secretary common to both companies, c.145 staff employed in total across the two companies.
Combined profit from both Companies for 2009 c.£1m. Both Companies are debt free.
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