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.
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Year
Business was Established: 5 |
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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. |
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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. |
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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. |
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Owner
willing to finance:
No financing available at this time. |
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Owner
willing to train:
2 weeks of training at no cost to a new buyer. |
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Reason for selling:
Owner is retiring. |
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REQUEST MORE INFO |
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