COLUMBUS, New Jersey
| Asking Price |
$300,000 |
Year Established |
2002 |
|
| Annual Revenue |
$529,850 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Joe Chiarello |
|
| Annual Cash Flow |
$152,704 |
Listing Number |
1002035 |
|
| # of Employees |
3 |
Business Category |
Retail: Florists, Gifts, Cards, Books |
|
Business Overview:
Established Party, Bingo & Specialty Supply Store – $300,000 with owner financing
This Party store is a long-running retail store located inside the iconic and high-traffic Farmers Market, one of New Jersey’s busiest and most well-known markets. The business offers party supplies, bingo products, cake-baking supplies, and paper goods - with exclusive rights under its lease to sell key categories that no other vendor in the market can offer.
As the only store in the region carrying bingo products and baking supplies, the business enjoys a steady, loyal customer base, consistent year-round sales, and strong repeat traffic from locals, senior groups, and tour buses visiting the market. This business has been there for 25 years! The best part...it's only open 4 days a week making over $150,000!
This is a simple, stable operation with limited working hours, verifiable financials, and a smooth transaction supported by the seller. Priced at $300,000, the seller also offers attractive financing with $165,000 financed at 1% interest with a 3 year balloon amortized over 10 years.
Highlights:
- Exclusive product categories with no direct competition in the market
- Only bingo and baking supply store in the region
- Strong, year-round foot traffic in a well-known market
- Steady income with short working hours
- Seller financing available + training included
- $70,000 inventory included in sale price
- ONLY OPEN 4 DAYS A WEEK
- Business has been there for 25 YEARS
- Owner selling because he's retiring
Property Features and Assets:
<p>Retail store located inside the iconic and high-traffic Farmers Market.<br></p><p>Assets: $110,000</p>
Market Competition and Expansion:
<p>The only store in the region carrying bingo products and baking supplies, the business enjoys a steady, loyal customer base, consistent year-round sales.<br></p>
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