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General Retail, Party Store

Burlington County, New Jersey

Asking Price: Gross: Cash Flow:
$400,000 $450,000 $117,000

Furniture and Fixtures Value:
$60,000 (included in the asking price)

Inventory Value:
$150,000 (included in the asking price)

Business Summary:
Good looking store, in nice shopping center with plenty of traffic (especially weekends). After 1 year, showed a profit of $73,020, included in price, one time franchise fee of $30,000, computer set up $20,000, cameras around store $10,000. Nice neighborhood. Motivated seller, is trying to purchase new store closer to where he lives, that is why he needs all cash deal. For further information please contact Wayne Polay at 908-851-9040 Ext. 288.

 
   
   
Year Business was Established: 2010
   
Number of Employees: 4PT  
   
Facilities / Terms of Lease: 13,271 sq. ft., beautiful store in good looking shopping center. Plenty of parking. Big mark up on merchandise. Has spare for big rental business which would be the next step if owner remained  
   
Potential Growth/Expansion: Plenty of room in rear for rental of tables, chairs, etc. He has been getting the demand and would institute if he were remaining  
   
Competition: Not especially  
   
Owner willing to finance: All cash  
   
Owner willing to train: Yes  
   
Reason for selling: Seller lives 2 hours + from store. Wife won’t move, too far.  
 

 

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