Profitable party supply store that specializes in balloons
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Operationally and passively profitable after less than 12 months.
Achieving profitability in less than 12 months sets this start up business apart from any other opportunity on the market. The upside is a scalable business that has been shown to be remarkably profitable by a prior nationwide retailer that got caught up in the private equity bubble.
The store is fully stocked, has a solid sell through rate across all products considering the time in business, and is in the same shopping complex as the inferior competition.
By importing directly from overseas, we have driven our future margins to above 70%- currently at 66.1% on July sales. Many products are 50 deep on the shelf allowing for an easy transition and a wholesale opportunity.
My manager is scaling back or leaving which has me at an impasse and that is driving my decision to consider selling full or partial ownership.
The store is fully stocked, has a solid sell through rate across all products considering the time in business, and is in the same shopping complex as the inferior competition.
By importing directly from overseas, we have driven our future margins to above 70%- currently at 66.1% on July sales. Many products are 50 deep on the shelf allowing for an easy transition and a wholesale opportunity.
My manager is scaling back or leaving which has me at an impasse and that is driving my decision to consider selling full or partial ownership.
About the Business
- Years in Operation
- 1
- Employees
- 5 (4 Part-time, 1 Contractor)
- Facilities & Assets
- Over $250,000 in inventory, all gondola, tables, chairs, bins... Everything as it is in the store on the date of sale.
- Market Outlook / Competition
- We are absolutely the best party supply store in the greater Lafayette area. Our competitors send customers to us because we are better. Perfect location and a great lease.
- Opportunities for Growth
- This business can be an owner operator with a starting salary of $50,000 a year and still profitable. We have proof of concept, ready for additional growth in other locations with low start up costs, and is ready to add a wholesale business to the overall concept. Every metric indicates this store will do $800,000 in three years and netting $250,000.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,300
- Rent
- $3,200 per month
- Lease Expiration
- 3/31/2030
About the Sale
- Seller Motivation
- Selling to focus on my other businesses.
- Transition Support
- We have an established supply chain through both domestic and international wholesalers. You will have access to the owner and the general manager for a transition period. The store is fully bought out and is running smoothly. This is also a great opportunity for a partial ownership as well for the right person.
- Financing Options
- Partial ownership opportunity. Some deferred financing available.
Listing Info
- ID
- 2537617
- Listing Views
Listing ID: 2537617 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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