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- RE: 50 Successful Years-Educational Supply Company
- Contact: Shanon Madrid
Quick Facts
| Asking Price: | $525,000 | |
| Annual Revenue: | $900,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $145,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1972 | |
| Employees: | 6 | |
| BBN Listing #: | SB-58882 | |
| Broker Reference #: | GREENNC003-58882 |
Business Overview:
This retail store has stood the test of time. They provide a comprehensive selection of educational materials and school supplies for children from infant to 12th grade and beyond. Quality resources and products are available to support all age ranges. This business supplies support to numerous academic centers, schools, churches and daycares. Additionally they offer an array of supplies and services for other area business offices as well. The retail space is stocked with the latest educational tools all within the 12,000 ~ sq foot of their retail space. Throughout the years, the owner has provided access for all teachers to tryout all their products to ensure that the academic products are in line with school objectives. However, online purchasing is also available. Topline revenue year over year is $1M+ with a healthy bottom line of approximately $140-$150k SDE. Currently there are 6 employees and they hire on 2 more during the summer season in preparation for school starting in the fall. Inventory consists of the latest teaching trends and products on average of $130k+ which turns over by year end. This business can be expanded by providing Tutoring and specific summer camps or after school care. The existing space will allow for such classes and has been successful in the past. If you are an academic or have a vested interest in child academics and success, this business is for you!!! If you would like more information please contact Shanon Madrid at 919-624-9275 or email me at smadrid@sunbeltnetwork.com
Contact the Seller:
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Property Features and Assets:
12,000 sq ft retail Space with 150K in shelving and displays.
Market Competition and Expansion:
There are no other school supply stores within an hour commute. They provide supplies for North Carolina and South Carolina
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
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