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Businesses For Sale > Business For Sale in Somerset County, New Jersey (NJ)

Party Rental + Supply Store for sale in Somerset County, NJ

Somerset County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 199,000 $ 310,164 $ 85,768

Furniture and Fixtures Value:
$ 20,000 (included in the asking price)

Inventory Value:
$ 120,000 (not included in the asking price)

Business Summary:
Fully stocked party store on a very busy main thoroughfare, filled with party supplies, balloons, favor, costumes and more. Store is well organized, clean and well maintained. This is a high markup business with advantageous pricing and payment terms on programs set up by the Franchisor. Owner has established a growing rental business with a delivery service. Buyer has the choice to maintain the business as part of the Franchise or establish an independent business. Growth potential in developing party business with the many hotels in the area. Owner opened much larger second store in another trading area and cannot spend the time needed to grow the business. Payroll adjusted for owner operator. Asking $149,000 down and will finance the $50,000 balance. $5,000 transfer fee at buyer expense. For further information, please contact 908-851-9040 Ext. 277.

 

   
Year Business was Established: 1989
   
Number of Employees: 6PT/1FT  
   
Facilities / Terms of Lease: 2,911 sq. ft. display fixtures in very good condition, ample parking. Lease 3 years left on 5 year option.  
   
Potential Growth/Expansion: Aggressively pursue local hotel business  
   
Owner willing to finance: Seller note for $50,000 over 3 years interest rate negotiable  
   
Owner willing to train: Seller will provide 2 weeks on site training  
   
Reason for selling: Opened larger second store – does not have the time to properly run both stores  
   
Seller Reference Number: 3907ph
BusinessMart.com Listing Number: 65277
 

 

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For more info contact:

Larry Bodner

Executive Business Brokers
908-851-9040

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