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Gifts And Greeting Cards Store On A Manchester Retail Park

Manchester, Greater Manchester, North WestIdentity protected

Available

Gifts and greeting cards store on a Manchester retail park

About this business

This Manchester store sells cards, party goods, balloons, gifts and seasonal decorations from a retail park unit that it owns. It opened in 2021 and has 15 staff. Sales have fallen each year, from £1.83m to £1.55m, and adjusted EBITDA from £185k to £138k, so a buyer would need to reverse the decline. Net profit was £114k. The sale includes the unit, and net assets of £587k exceed the £500k asking price. A buyer gets a large store with parking and a clear job of rebuilding sales.

Key investment highlights

  • Freehold retail park unit included
  • Net profit of £114k
  • Team of 15
  • Cards, party goods and seasonal stock

Reason for sale

The owners are selling to concentrate on their online party supplies business.

Read this before you enquire

Material

Revenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.

  • Revenue directionMaterial

    Turnover is -15.3% against its 2021 peak.

    • 2021: baseline
    • 2022 (-3.6%)
    • 2023 (-2.9%)
    • 2024 (-4.0%)
    • 2025 (-2.6%)
    • 2026 (-3.2%)
    • Peak 2021 to latest 2026: -15.3%

    6 years of turnover, 2021 to 2026, as supplied by the seller.

  • Client concentrationNot stated

    The seller has not declared what share of revenue the largest clients represent.

    No declaration supplied. Client concentration cannot be derived from accounts.

EBITDA margin narrowed from 10.1% in 2021 to 8.9% in 2026.

These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.

Computing valuation...

What happens next

Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.