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It’s Fun to “Party” so let’s get that Supplies Here!!

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$49,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$7,500 (included in the asking price)

Inventory Value:
$15,000 (included in the asking price)

Business Summary:
ASSET SALE!! Great location next to Dairy Queen for party rentals, balloons, and retail. 80% volume rentals and balloon work including most local schools. DQ brings many customers to the strip mall, even from some neighboring towns. A new owner will greatly increase gross sales by focusing more on party rentals and balloon work. Owner only pays $1,000/mo. in rent including everything which has enabled him to “net" around $2,000/mo. 250 unit apartment rentals being built directly across the street within 2 years. Furniture, Fixtures & Equipment valued at $7,500 plus inventory of $15,000 are included in sale. Landlord will offer a long term lease with options to qualified buyers. A van valued at $4,000 is for sale. Contact Seth Kain @ 201-317-4710 for more details.

 
   
   
Year Business was Established: 5
   
Facilities / Terms of Lease: 700 sq. ft. “All” Furniture, Fixtures & Equipment are 5 yrs. old in excellent condition. Plenty of free strip mall parking available. The Landlord will offer a long term lease with options to qualified tenants.  
   
Potential Growth/Expansion: A new owner should begin doing online advertising which would increase gross sales & profits. It’d also be advantageous to advertise more with schools within the town & even one town away in all direction. 250 unit apartment rentals being built directly across the street within 2 yrs. will definitely increase gross sales & profits.  
   
Competition: There’s only one nearby party supply store in the immediate area. The store has maintained a large client base over the years & has many loyal customers.  
   
Owner willing to finance: No financing available at this time.  
   
Owner willing to train: 2 weeks of training at no cost to a new buyer.  
   
Reason for selling: Owner is retiring.  
 

 

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