Owner Financing is Available!
Business Overview:
Highly successful retail Franchise Party supply business that offers all types of party materials and supplies, rents tables, chairs, tents, fountains and other party equipment which are in continued high demand. The present owner is semi- absentee and has elected to sell. This franchise company is national known for its excellent products and good service. They offer quality service & support to its franchisees and have a moderate 5% franchise fee. All purchases are made through the franchisor who buys in bulk at a lower cost resulting in a higher profit to the operator. The sale includes all fixtures, various displays, numerous rental tents, a 2004 Delivery Van, a POS computer and all the required equipment to maintain this business. T he business has a legal capacity for 70 customers consisting of 1,800 square feet. Adequate private mall parking is at this location and part of the lease agreement. The business is active seven days weekly 10:00 am to 8:00 pm shorter hours on weekends. The business has a municipal CO to conduct business and is franchise approved. An existing lease expiring in 2013 with additional options available for transfer and a monthly rent of $4,980. This is the only party franchise business in this immediate area. The business has a solid annual income and a consist nets to the owner of $70,000. This is a lucrative opportunity which includes all fixtures and a Delivery Van.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The facility consists of two thousand square feet with modern equipment and an attractive, clean and well maintained. appearance. The facility is located in a high traffic commercial mall with many other active businesses. Located in Somerset County, NJ on a high traffic county road close to all major highways which is very convenient to its large customer base.
Market Competition and Expansion:
Due to the specialized franchise no other competitors exist in this general area. The owner is presently semi absentee and with on site management and an improved marketing plan the business can be further developed.
Reason for Selling:
The owner is retiring out of the general area.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.