Party Store & Rentals Franchise 18 Years
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $325000
Net Profit / Cash Flow $120000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1989
Number of Employees 6 - 9
Inventory 20000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Full and on going support will be provided. Owner will provide 2 weeks of support. The franchisor will help you keep the store successful.
Reason for Sale Due to the store success, seller is opening a bigger store in another area.
Description If you love retail, you are going to love this one. The is a well established franchise party store surrounded by major tenants: McDonalds, Dunkin Donuts, etc. The store is run 90% absentee,owners working only 6 to 10 hours a week. An owner operator would not require as much help. (We have reflected that in the cash flow). Keep in mind, an owner operator is likely to be even more profitable, since they would sell instead of just ringing up sales. All equipment, truck, shelving and cash register are included in the price. The franchise is the best part of the deal. The royalty is only 5% and this fee is made back many times over by the fantastic buying deals and big discounts you get from all your suppliers. Rentals is the next money maker. The store rents tables, chairs, fountains etc. Rentals are very profitable. Staffing is very easy, since there is a University close by, and the seller never has a problem getting help. If you feel this is the store for you, and you have the money, email or call me ASAP, Neil 315-732-1439. Asking $199,000. Contact for more information on this Party Store & Rental franchise for sale.
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