PARTY STORE & RENTALS FRANCHISE 18 YEARS
Seller:
Attn:
Neil Meislin
Location:
Central NJ, NJ, USA
Listing Number:
"nm246"
Overview:
If you love retail, you are going to love this one. The is a well established franchise party store surrounded by major tenants: McDonalds, Dunkin Donuts, etc. The store is run 90% absentee,owners working only 6 to 10 hours a week. An owner operator would not require as much help. (We have reflected that in the cash flow). Keep in mind, an owner operator is likely to be even more profitable, since they would sell instead of just ringing up sales. All equipment, truck, shelving and cash register are included in the price. The franchise is the best part of the deal. The royalty is only 5% and this fee is made back many times over by the fantastic buying deals and big discounts you get from all your suppliers. Rentals is the next money maker. The store rents tables, chairs, fountains etc. Rentals are very profitable. Staffing is very easy, since there is a University close by, and the seller never has a problem getting help.
Property Features and Assets:
This is a 3,000 sq. ft. store, well located shopping center, with plenty of parking and lots of traffic in the center of town. Major retailers are nearby to draw a lot of shoppers to the area. $20,000 in fixtures are included in the selling price. (Inventory is not included.
Market Competition and Expansion:
Competition: There are no other party stores in the area.
Growth and Expansion: You can easily grow this business. There is a larger 4,000 sq. ft. store for rent in the plaza, and this will allow more products and more sales. Increasing weekend hours would also increase sales.
Additional Details:
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