Established Greeting Cards Business For Sale For Below Stock Value!
Company Name Courtier Fine Art Limited.
Location 29 Stadium Business Centre, North End Road, Wembley, London
Asking Price £55,000
Postal Address HA9 0AT
Gross profit £66,000
About the Company
Courtier have been publishing up-market greetings cards, gift cards and gift tags since the early 1960’s.
Our distinctive designs, both contemporary and nostalgic, include die-cut, pop-up, handcrafted and three dimensional cards with an added value embellishment.
We supply direct to the retail trade, through distributors overseas, our eBay shop and mail order catalogues.
The owner who is 73 years old has only been concentrating on a handful of customers over the last few years. He now wishes to retire.
Current turnover is c £81,000 but with a high gross profit of £66,000. There is huge scope to increase the turnover.
The Business, its 60 year trading history, its client list and its eBay shop, exhibition stand are being sold for a NIL Goodwill Premium.
The Stock is worth in excess of £300,000 and consists of:
EVERYDAY & CHRISTMAS CARDS, GIFT CARDS & GIFT TAGS
• 1,000,000+ Cards, mostly blank inside, made up of 558 designs and all individually wrapped with coloured envelopes. Cost £151,000+
• 1,240,000+ Gift Cards, blank inside and made up of 351 designs and all individually wrapped with coloured envelopes. Cost £40,000+
• 2,000,000+ Gift Tags made up of 398 designs and all individually strung with coloured cord. Cost £48,000+
COMPONENTS & POINT-OF SALE UNITS
• There is unwrapped & assembled product, envelopes, bags and point-of- sale display units at a cost value of £68,000+
Included in the sale are:
• THE CUSTOMER LIST FOR BOTH HOME AND OVERSEAS
• THE EBAY SHOP
• STATE OF THE ART BESPOKE EXHIBITION STAND cost £50,000
• OUR ‘COURTIER’ TRADING NAME
• STOCK VALUED AT OVER £300,000
In addition, our 2,920 sq. ft. Wembley warehouse is also for sale if required at £570,000.
Asking Price $67,353
Profit Available On Request
Converted From GBP
Exchange Rate $1.22
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