Proifle No. DE-0673, Party Supplies - Premier Retailer
| Profile No. DE-0673 |
Party Supplies - Premier Retailer |
| NAICS or Sic Code: 453220 |
Industry: Gift, Novelty and Souvenir Stores |
| Gross Sales: $900,626 |
Sellers Discretionary Earnings: $185,521 |
| Value of Assets Included: $93,000 |
Inventory Included: |
| Asking Price: $350.000 |
National Business Brokers businesses for sale.
Description: Parties are a year-round business and the industry is a billion dollar business as people celebrate birthdays, graduations, weddings, anniversaries, Christmas, New Year's, Halloween, picnics, 4th of July and many more special occasions. This business is designed to meet all those party needs from tableware, decorations, cards, balloons, novelty items, food & snacks, to costumes. Through their agreement with the country’s largest supplier they are able to purchase items at discount direct from vendors.
Established in 1994, the business is operated from an approximately 10,000 square foot leased space in a strip shopping center surrounded by other larger stores such as Super Target, Wal-mart and a large regional shopping mall. The store is located in a very desirable county north of Denver.
This business offers year-round sales opportunities and cash flow, and is the type of product that does not require a high degree of "technical knowledge" to sell the products. In addition, the products do not require "after the sale" servicing or repair. They are in the business of selling "fun". A new owner will be purchasing an established business with a solid track record. The business has national name recognition and established agreements are in place that prevent other national competitors while maintaining the store’s ability to buy products at franchise discount pricing.
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