Party Rental + Supply Store

Business For Sale
Paul Holveck
Not Disclosed
39552979
Retail: Non-classifiable
$199,000
1989
6PT/1FT
Not Disclosed
$85,768
Not Disclosed
Not Disclosed
$310,164
Not Disclosed
Not Disclosed
 

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Reason for Selling:

Opened larger second store – does not have time.

 

Overview of the Business:

Fully stocked party store on a very busy main thoroughfare, filled with party supplies, balloons, favor, costumes and more. Store is well organized, clean and well maintained. This is a high markup business with advantageous pricing and payment terms on programs set up by the Franchisor. Owner has established a growing rental business with a delivery service. Buyer has the choice to maintain the business as part of the Franchise or establish an independent business. Growth potential in developing party business with the many hotels in the area. Owner opened much larger second store in another trading area and cannot spend the time needed to grow the business. Payroll adjusted for owner operator. Asking $149,000 down and will finance the $50,000 balance. $5,000 transfer fee at buyer expense.

 

Market Competition and Expansion:

Expansion: Aggressively pursue local hotel business.

 

Additional Details: