Owner Financing is Available!
Business Overview:
This is the best Party Store buy on the market. This Party store has been in the same location since 2006 and has produced very consistent income figures. It is a great location on a very busy highway surrounded by apartments, condos, businesses, and homes. The owner has other business interests and can no longer manage the store. The store is 4,152 square feet, with an open and friendly feeling, over 20,000 products (gifts, cards, toys, cigarettes), and has a high tech video security system, and lots of storage. The new owner could add Beer and Wine (the store use to sell it), Lotto, an ATM machine, and it could increase it's assortment of Ethnic foods. These additions would increase the bottom line substantially. Possible Seller terms with qualified Buyer.
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:
This high volume Party store has been in the same location since 2006 and has produced very consistent income figures. It is a great location on a very busy main highway surrounded by apartments, condos, businesses, and homes. There is 4,153 square feet which includes a large storage area. The monthly rent is $4,153 plus NNN of $2,000 per month and the lease runs till 10/31/2015 with options to extend the term.
Market Competition and Expansion:
There are Dollar Stores in the area, however, they have come and gone while this Party Store still prospers. Due to the unique blend of merchandise, the outstanding service, and the competitive prices this store has a real marketing advantage.There is some real room to increase the sales of this business. The new owner could add Beer and Wine (the store use to sell it), Lotto, an ATM machine, calling cards, and it could increase it's assortment of Ethnic foods. Both of these additions would increase the bottom line substantially.
Reason for Selling:
Seller has other business interests
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 not a franchise resale opportunity.