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RE:  Party Store, Land And Residential Home Contact:  Tim Rice
Owner Financing is Available!
Owner Terms:$200,000.00 Interest:7% Term Months:36 Monthly Payment:$6,000.00

Quick Facts

Asking Price: $300,000
Annual Revenue: $316,000
Net Profit: Not Disclosed
Cash Flow: $156,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $350,000
Year Established: 1995
Employees: 2
BBN Listing #: 677056536
Broker Reference #: 98442-391978

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Business Overview:

Basic Party/Liquor store near fun in the sun parks and recreations in Wayne County, and lots of residents. Listing agent talked with owner and asked why his store stands out above the rest, he said: my store has everything a major grocery store has: breakfast, lunch, and dinner, baby diapers, toiletries, and more. If you are a buyer looking for a profitable business with growth potential, look no further. The new buyer will be making money from the start because it’s been a neighborhood establishment for many years. The new owner can make use of the undeveloped land in several ways. Such as, expanding the store to add more groceries, produce, meat market, and by adding more residential housing. The list price includes a profitable party store and FF & E, only. The asking price for the 2 acres, commercial building, and a single family home is additional $350,000. and a single family home. Seller is willing to finance, with terms and agreements.

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Property Features and Assets:

Land has 2 buildings. Lot sq. ft. = 89,000 Commercial building built in 1966, 2,000sq.ft. The building has several improvements that the new buyer will discover. There is a 2-story residential house with 2 car garage included with the real estate purchase. This is a good opportunity to add to the new owner cash flow. The residential house is ocuppied with a good paying tenant. Contact broker for asking price of real estate.

Market Competition and Expansion:

There are a few markets and party stores in the area that don't necessarily affect this business. Each business has its established clientele. There's always room for growth in an area that is growing. Growth can be accomplished by growing the selections in the store, adding prepared foods or a restaurant. The land can be developed to add residential or commercial buildings.

Reason for Selling:


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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