Card Connection only offer established businesses for sale (resales), so you if you invest in one of our franchises you will be earning an income from day 1.Established in 1992, the Card Connection franchise is one of the UK’s largest card publishers and is the market leader in the franchise distribution of greeting cards.
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.
Card Connection offers a comprehensive training programme. Training is spread over several weeks and covers every aspect of the business in both the classroom and most importantly in the field.
On an on-going basis, every franchisee is supported by their Regional Sales Manager, who provides support and encouragement, as well as genuine business development within their territories.
Franchisees are encouraged to meet regularly, either through formal meetings/conferences or socially.
Using a proven system, franchisees typically visit between 5-8 supply customers a day, merchandising the greeting cards and associated product displays. This means stripping down the remaining stock and supplying a fresh new display. This ensures customers always have fresh, clean, and up to date displays. The uplifted stock is taken home where it is sorted to be used for future merchandising.
Retail outlets on a ‘consignment’ basis, which means the stock and display equipment is installed on free loan to the retailer. This is one step beyond ‘sale or return’ as Card Connection customers never have to buy the stock in the first place, only paying for what they sell. The award-winning merchandising service our franchisees provide is second to none; we are proud of Card Connection’s excellent reputation with the convenience sector.
Due to the nature of convenience stores, Card Connection franchise owners can work flexible hours to suit themselves and enjoy a better work/life balance. Franchisees typically visit their customers within their exclusive territory on a monthly basis to replenish stock.
This area contains an engaging mix of both urban and rural stores. Village stores in the Peak District area contrast well with busy town sites in Cheshire, yet the territory remains highly accessible and manageable.
It is ideal for the entrepreneur, with scope for further development, and its diverse profile of customer types provides an excellent sales platform from the outset.
Size of Business
Gross Profit:
£25,032
Annual Sales:
£57,273
Number of Outlets Trading:
80
Investment Required
Goodwill (note 3):
£10,000.00
Goodwill %
40%
Stock & Display Equipment (note 4):
£21,300.00
Other (inc CC training, area licence fee, stationery) (note 5):
£ 6,115.00
Total (note 6):
£37,415.00
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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