MergerPlace

Toy Retailer-Two Profitable Stores

Massachusetts


  • Asking Price: $475,000
  • Gross Income: $1,107,571
  • Cash Flow: $156,670
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $45,323
  • Listing ID: #200957
  • Established: 1970
  • Employees: 1 FT/10 PT

Business Description

Established, Exceptional Toy Retailer; Two Profitable Stores. Looking for a Fun, Creative and Perennially Profitable lifestyle business in a year-round Southeastern Massachusetts resort community? You've found it! Two renowned, privately owned toy stores: both located in “Go-To” boutique retail centers with no big-box competition. This business has a 40 plus year history and has branded itself in the market by serving generations of customers browsing for “just the right thing”. The stores are expertly merchandised and carry a huge selection of recognized brands as well as other exclusive offerings of traditional and educational toys for all ages. Both locations, benefit from limited competition, excellent visibility, easy parking and walk around shoppers. Lease terms are reasonable and assignable.

This business is truly turn-key and low pressure with a short learning curve. The owners wish to retire but will train appropriately. Store managers, key employees are in place, making the stores themselves, not the owners, the personality and face of the business.

This business is not a “hobby”. It’s a real business with real challenges, growth opportunities and demonstrated year over year profits. The experienced owner should be involved less than 30 hours per week managing and supervising. However, additional benefits will accrue to a buyer who chooses to work some of the store hours themselves. The current owners have chosen to limit their in store retail duties.

A complete Offering Memorandum of this business is available for those interested parties who will demonstrate financial and managerial qualifications to acquire this company.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Massachusetts

Company Information

Year Established: 1970
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/10 PT

Financial Information

Asking Price: $475,000
Gross Revenue: $1,107,571
Cash Flow: $156,670
FF&E: $45,323
Seller Financing Available: Yes

Property Information

Facilities:

There are two stores, 30 miles apart. the First is a standalone, quaint building very well set up with excellent parking, full basement storage, loading dock; walk around location near restaurants, ice cream shops, various other shopping, bicycling and other activities. The Second is a corner location in a very busy walk-around upscale outdoor mall. The mall is a beneficial mix of select national brand stores, unique private independent shops and eclectic restaurants.

Growth & expansion opportunities:

The owners have smartly not remained the "face" of the stores but rather the management. Employees are empowered under guidelines. New owners could see labor cost savings if they're willing to work some counter hours. Efficiency can be improved for both units by updating the internal technology from point of sale.

Competition:

Both locations are strategically located in trade areas out of reach from big box stores in an municipalities that have restrictions to big box development.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. Both stores carry similar lines of traditional & contemporary children's toys, novelties, birthday prizes, puzzles...simple play as well as educational. It's one of the largest retailers of games and puzzles in Massachusetts.

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Business Listed By:

John Dirkmaat

Murphy Business Brokers