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Listing Information for #35523

$1,200,000.00 Party Supply Store

Description

This retail party store was established in 1980 as Gray Sales and in 1992 Party Mart was founded. They are open 7 days a week with 1 full-time and 10 part-time employees. The business can be operated as “hands on” or in an absentee manner with a manager. The business has established a reputation for great customer service and quality products. 45% of total revenues are generated by the sale of everyday party goods. The sale of seasonal party goods, which is high profit accounts for 35% of revenues. Balloons, which is also high profit, generates 15%, and the remaining 5% stems from the sale of greeting cards. The current owner agrees to stay on through a reasonable transition period to acclimate you to the business, the employees and clientele. This is a great business opportunity for the serious buyer. If you want more information about this business, please contact one of our representatives today! This leased, 22,000 sq. ft. single level facility consists of 2 buildings. They were built in 1955 and are in good overall condition. It has great, high traffic city street frontage with excellent visibility. The business can be relocated. There is some owner financing possible for the right buyer.