Business For Sale

Well known toy store High profits Long Lease

Not Disclosed, NY
Westchester County


Asking Price: Annual Revenue:
$799,999 $1,300,000

Retail: Children's Retail


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RE: Well known toy store High profits Long Lease Broker: Sam Levine
Owner Financing is Available!
60% down payment at 6% interest.

Quick Facts

Asking Price: $799,999
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1978
Employees: 4
BBN Listing #: 708726891
Broker Reference #: SYNSL32318

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Business Overview:

A landmark toy retailer store is now available. Since 1978 this great store has been servicing a very loyal local customer base for all occasions and fun activities. Looking for a Fun, Creative and Perennially Profitable lifestyle business in a year-round lower Westchester community? You've found it! A renowned, privately owned toy store, located in one of Westchester's affluent neighborhoods with no competition.

This business has a 40+ year history and has branded itself in the market by serving generations of customers browsing for “just the right thing.” The store is expertly merchandised and carries a huge selection of recognized brands as well as other exclusive offerings of traditional and educational toys for all ages. The location benefits from limited competition, excellent visibility, easy parking for shoppers. Lease terms are reasonable and assignable.

This business is truly turn-key and low pressure with a short learning curve. The owners wish to retire but will train appropriately. Store managers, key employees are in place, making the stores themselves, not the owners, the personality and face of the business.

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Property Features and Assets:

The location is strategically located. Only store in town to provide wide selection of merchandise. 5,800 square feet.

Market Competition and Expansion:

The owners have smartly not remained the "face" of the stores but rather the management. Employees are empowered under guidelines. New owners could see labor cost savings if they're willing to work some counter hours. Efficiency can be improved for both units by updating the internal technology from point of sale. Stronger marketing presence on social media helpful.

Reason for Selling:

Retirement

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.

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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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