Business For Sale

Hobby Shop - Inventory Included in Asking Price

Everett, WA
Snohomish County

Everett Downtown, High traffic spot


Asking Price: Annual Revenue:
$425,000 $310,000

Retail: Sporting Goods, Recreation


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RE: Hobby Shop - Inventory Included in Asking Price Broker: David Smith

Quick Facts

Asking Price: $425,000
Annual Revenue: $310,000
Net Profit: $1
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1974
Employees: 2
BBN Listing #: 290251531
Broker Reference #: dsevhobshp

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Business Overview:

Hobby shop for sale located in a very high traffic spot. It’s on the main street in downtown with lots of signage and visibility. This business has been in this town since 1974 and at this busy street corner since 1989. Current owner has owned and loved this business for 14 years, he has a passion for his hobbies, do you? Current owner specializes in remote control vehicles, planes, trains, automobiles, and trucks. Also a wide array of models and collectibles to choose from.

All inventory $300,000 to $350,000 worth of inventory is included in the purchase price. So, this store is fully stocked for you when you take over. Outstanding lease offered too, 3500 square feet with a bonus 600 square feet of storage and workshop area. Even a big private office, even, even a private room for remote control train and a countryside buildout for train enthusiasts and train club meetings. All this prime space for only $3,000 a month.

This is not a franchise and with all this retail space available and the great location and no franchise restrictions or fees. Well, a new owner could shop on eBay or anywhere else they chose and put those items bought on these shelves for a quick turnaround sale and profit. Another way you could increase the sales is the current owner does NO internet sales. The new owner should look seriously into getting an up to date website to help accent the sales of this store. Current owner has no social media presence either so there is a whole ocean of new potential hobby enthusiasts that are not being reached out to and tickled about how much fun these hobbies really are. Yet another idea to increase sales is to add to the variety of hobbies offered.

There is very little or no competition, read the reviews. Lots and lots of floor space for showing and selling all kinds of merchandise. The new owner has the shelve space to sell all types of hobbies, crafts, and collectibles so bring your passion there is room for it. Plenty of parking, easy access for your customers. A great working atmosphere. Seller wants to retire also has health concerns to deal with, although he does love this business this hobby shop is his hobby, but for him, it is time to sell. If you have a passion for your hobby and you love sharing and helping others understand about their hobbies, if that’s your thing, then this might be the right business for you. Contact us to check out this unique and fun business opportunity.

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Property Features and Assets:

Only $3,000 a month, triple net what’s that? Just a straight $3,000 a month and it covers water and electricity. Tenant pays own garbage and gas. Landlord willing to negotiate a long lease with a new tenant. It is really an outstanding lease, 3500 square feet with a bonus 600 square feet of storage and workshop area. Even a big private office, even, even a private room for remote control train and a countryside buildout for train enthusiasts and train club meetings. Lots and lots of floor space, display cases and shelves for showing and selling all kinds of merchandise. The new owner has the shelve space to sell all types of hobbies, crafts, and collectibles so bring your passion there is room for it. Plenty of parking, great signage, and visibility from the street.

Market Competition and Expansion:

A way to expand the sales is the current owner does not offer any internet sales. The new owner should look seriously into getting an up to date website to help accent the sales of this store. Current owner has no social media presence either so there is a whole ocean of new potential hobby enthusiasts that are not being reached out to and tickled about how much fun these hobbies really are. Another idea to increase sales is to add to the variety of hobbies offered updating the website would help to do that. There is no competition, read the reviews. Lots and lots of floor space for showing and selling all kinds of merchandise. The new owner has the shelve space to sell all types of hobbies, crafts, and collectibles so bring your passion there is room for it. You could shop on eBay and put it on these shelves for a quick sale turnaround profit. When you have a great high traffic location, a favorable low lease and lots of in-store space your sales foundation is already set up.

Reason for Selling:

Seller wants to retire

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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