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Virginia Business For Sale |
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| RETAIL: PARTY SUPPLIES, CARDS AND GIFTS |
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| Attn: Roy Huffman |
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| Undisclosed, VA, USA |
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| Asking Price: |
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$35,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Florists, Gifts, Cards |
| Reason for Selling: |
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Retirement |
| Year Established: |
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1993 |
| # of Employees: |
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2 |
| Yearly Revenues: |
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$45,000 |
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Business for Sale Overview:
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Retail: Party Supplies, Cards and Gifts: Retail greeting cards, gifts, party supplies and balloon store, in upscale strip shipping center in affluent suburb in Virginia, in metropolitan Washington, DC area. Present owner bought the store in 1998 from original owner, who operated the store from 1993 until 1998. Present owner also owns multiple other businesses, and has not promoted the greeting card store in recent years; therefore, the stores are not what they have been in past years. Present owner is now ready to retire, and is willing to sell the assets of the greeting card store for less than the value of the assets. Bargain turn key total acquisition price of $35,000 allows buyer to acquire inventory worth $50,000 (wholesale original cost of inventory), which has a retail resale value of $100,000. Also included are the furniture, fixtures and equipment in the store, and leasehold improvements, all of which cost the present owner over $31,000, besides the $50,000 the owner invested in inventory. A new owner can acquire this business for an obvious bargain price, then should re-institute the normal advertising a promotion efforts. This business is ideally located in a busy strip shopping center, with nearby residents/customers that have top disposable income.
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Property Features and Assets:
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Lease Amount: $4,300 per month.
Furniture, Fixtures and Equipment: $31,000 Included in asking price.
Inventory: $50,000 Included in asking price. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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