Brokerage, Financial & Consulting Services

Champlain Lake City

Asking - $250,000 including Inventory     Cash Flow - $116,000

THE BUSINESS: This fast growing, highly profitable fun business is a retailer of the items needed for birthdays, anniversaries, weddings, showers, seasonal holidays, graduation and just everyday fun entertainment. The only such business in Northeast Upstate NY, the store attracts customers from over a 100-mile radius. It is established on a vibrant main street of an upstate county seat in the Lake Champlain/Adirondack region that is known for its variety of offerings, malls and heavy buyer traffic. The community embodies growth, congenial lifestyle, excellent schools and nearby recreational amenities. There is a loyal and talented staff that serves many repeat customers. A key managerial employee has been with the business since its inception in 2002.

FACILITIES AND EQUIPMENT: Full window frontage and high visibility signage introduce a modern, clean and well lighted 2800 square feet store on long term lease with options. There has been a party store in this location for over twenty years. The business hires supplementary space for it pre-Halloween sales as well as nearby inventory storage for overflow of off-season goods. There is an inventory locker in the main store. Fixtures, display racks, point of sale software and computer system are all included, as is a current, brand name inventory.

OPPORTUNITY: Ideal for a youthful retired couple or young entrepreneur; this is a cash based, fun business with excellent variety. High current profitability pairs with rapid growth history and potential. Modest working capital needs and easily learned business procedures could increase its already established niche in a no-competition situation. Live in a nice city and area, raise a family and enjoy nationally known recreational attraction. Proximity to Montreal, Canada and Burlington, Vermont add full cultural diversity.

FINANCIAL: The party store had a region wide, year round revenues of $425,000 in 2006 with EBITDO of over $116,000, up from sales of $ 230,000 in 2004. Owner predicts sales of $470,000 and cash flow of more than $ 125,000 based on current trend and great location. Good lease and inventory worth over $110,000 are available as part of the package.

SUMMARY, PRICE AND TERMS:  This established profitable and growing party supply store is offered at $ 250,000 (which includes the basic inventory at cost estimated at $ 110,000), for the fixtures, computers and all necessary contracts and goodwill. New Halloween inventory of $ 10,000 or more is additional. Owner will assist with an easy transition.

To view other featured business opportunities, click on a link below.

Contact Us at the Address/Phone Number Below