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Retail Shop w/active Online Store + available Tobacco License................. $60,000.00+ inventory

SOLDBusiness Description

Only $55,000.00 buys a business with $50,000+ in verifiable annual cash flow to an owner that is currently absentee. If a new owner wants to work there or even work from home, but check in and be more involved, he/she wouldn't have to pay a manager so the owners cash flow can easily be $70,000 or more annually as an owner/operator. 

A unique retail store that also includes an e-commerce website with multiple key domains as well as a tobacco license if you wish to use it. This business has massive potential online with expanded e-commerce presence, which is capable of reaching much-much higher sales with the multiple domains that are part of this business. Inventory options to offer online are virtually endless. Both domains could be directed to one site or they could be directed to two different sites depending on the new owners strategy. There are current sales online and through the historic retail store front location. The tobacco related products are also an area that can be hugely expanded if a owner has interest in this area. 

This store itself has a long history as the destination for a wide variety of needed products and party supplies. This specialty store is the retail entertainment and planning destination, but also boasts an extensive inventory of gifts of all kinds and offers a platform to implement ideas, plan games, buy party supplies of all kinds or invitations as well as other novelties/necessities. Moreover, a well established website that includes a running web store reaches a broad range of clients all over the country and beyond. This One-Stop Party Shop is profitable even for an absentee owner and the upside potential for expanding on the current business model is huge. Product options are nearly endless. 

Located within close proximity to multiple transit stops as well as major traffic Routes, this business is nestled in the center of a very populated area. A very loyal clientele already exists and with a consistent marketing campaign, the customer reach can be extended to other neighborhoods, suburban communities, and worldwide by online ordering. This location offers high frequency of foot traffic, especially during its PM hours and is open until late night to accommodate the dining crowd or partygoers. This is a unique turnkey business providing a welcome departure from the norm and with potential for a new entreprenuer or the experienced business owner wanting to diversify his portfolio of small businesses.

About the Business

Year Established: 1998 
Number of Employees: 4 
Facilities: The space is approximately 1400 square feet as stated in the lease. This space includes a small office not seen by the walk-in customer. One parking space is made available for this business at the rear of the building as well as some outdoor storage in the same general area. The basement also has some space for storing inventory or other business materials, shelving, fixtures, etc… The current rent is approximately $4790.20 including pass through items equaling $631.03 that consist of 25% of the building’s annual insurance & real estate taxes.
Market Outlook/Competition: Growth outlook is excellent due to current owner being absentee and so an active owner/operator could immediately reduce labor costs. Excellent outlook, low competition plus an opportunity to begin taking full advantage of the e-commerce side of the business currently in place.

About the Sale

Reason For Selling: Relocation
Training/Support: Seller is happy to provide some training and support as mutually agreed during purchase process.
Gross Revenue Comments: Verifiable! Seller is happy to discuss all details
Cash Flow Comments: Verifiable! Seller is happy to discuss all details.
Seller Financing: Seller may consider a small percentage with right buyer.

Contact: Dennis Hansmann (President/Managing Broker/Owner) or 312-360-1955

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