Party Store & Rentals Franchise 18 Years For Sale

Business description

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. If you feel this is the store for you, and you have the money.

Property information

Real Estate:

Lease

Location:

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.

Other information

Expansion potential:

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.

Competition / Market:

There are no other party stores in the area.

Support & training:

Full and on going support will be provided. Owner will provide 2 weeks of support. The franchisor will help you keep the store successful.

Reasons for selling:

Due to the store success,seller is opening a bigger store in another area.

Furniture / Fixtures value:

$20,000 (included in the asking price)

Inventory / Stock value:

$125,000