Business For Sale Listing 146795
Retail: Party Supplies, Cards and Gifts
Status as of Sep-7-2008 at 05:59 PM: Active
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Business Summary
RETAIL: Party Supplies, Cards and Gifts: Retail greeting cards, gifts, party supplies and balloon store, in upscale strip shipping center in affluent suburb in Virginia, in metropolitan Washington, DC area. Present owner bought the store in 1998 from original owner, who operated the store from 1993 until 1998. Present owner also owns multiple other businesses, and has not promoted the greeting card store in recent years; therefore, the stores are not what they have been in past years. Present owner is now ready to retire, and is willing to sell the assets of the greeting card store for less than the value of the assets. Bargain turn key total acquisition price of $35,000 allows buyer to acquire inventory worth $50,000 (wholesale original cost of inventory), which has a retail resale value of $100,000. Also included are the furniture, fixtures and equipment in the store, and leasehold improvements, all of which cost the present owner over $31,000, besides the $50,000 the owner invested in inventory. A new owner can acquire this business for an obvious bargain price, then should reinstitute the normal advertising a promotion efforts. This business is ideally located in a busy strip shopping center, with nearby residents/customers that have top disposable income.
Categories
Industry
Location
Financials
| Sales: |
Under $100 Thousand ($45,000) |
| Profits: |
Not Disclosed |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Less than $100 Thousand ($35,000) |
