Profitable Party Supply Store Running Since 1972

Montgomery County, PA
Asking Price:$425,000
Gross Revenue:$800,000
Rent:$9,000/Month
Cash Flow:$67,000
Inventory:$190,000
Established Year:1972
BUSINESS DESCRIPTION

Wedding and party supplies without competition for surrounding areas

This huge party goods store is a family owned business which has been serving southeastern PA since 1972. In it's 40 years, it has built up a faithful following due to it's personal service, home delivery, and hard-working staff which customizes events personally for their loyal customers. Located in a short strip center with plenty of parking, it has a 10,000 square foot "anchor" store. This business has 1 delivery vans. For party supplies, it was voted best in class by a major daily newspaper 2 years in a row. The store sells decorations as well as matching place settings, cups, utensils, balloons, furniture wraps, flowers, centerpieces, balloon centerpieces, balloon spreads and arches, tablecloths, and much more.
Events happen all year long, and include Birthdays, Sweet 16, Baby Showers, Wedding Showers, Weddings, Anniversaries, Religious Events, Christmas, Hanukah, Halloween, Superbowl Parties, St. Patrick's Day Parties, 4th of July, Labor Day, New Years Eve.
This business can be easily increased by online and social media marketing and with branding, catering partnerships, and promotions along channels, such as weddings and business events. If you have drive and ambition, and retail expertise, this is a business that is waiting for your touch to take it to new levels. Owner will accept an all-cash-offer of $375,000. Owner will stay on for training. This one will not last!.
Selling due to owner's other projects and absentee ownership.


DETAILED INFORMATION
Location
Montgomery County, PA
Inventory
Included in asking price
Real Estate
Leased
Building SF
9,800
Lease Expiration
31/12/2028
Employees
5
Facilities
Sale will include all the fixture inventory and one delivery van. Website and social media sale is not included and can be negotiated. Buyer has to transfer all the card processing clover devices to new business account.
Competition
No competition within 10 miles radius. Business can be easily increased with online presence. You will be earning from day one with established customer base.
Growth & Expansion
15 to 20 % growth potential with social media campaign.
Support & Training
Seller will train for 2 months. Buyer have to transfer the card processing on new business account.
Reason for Selling
Absentee Ownership. Need more time for other businesses.
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Mohammad SManzoor
Mohammad S Manzoor