MergerPlace

Lions,Tigers & Bears, Oh My! Toy Stores

Massachusetts (Barnstable)


  • Asking Price: $395,000
  • 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

Two renowned, privately owned toy stores: both located in “Go-To” desirable retail centers with no big-box competition. With a 40+ year history, these store have become The Brand, 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 assignable. Inventory of approximately $150,000 is not included in the asking price and this amount varies seasonally.

This business is truly turn-key and low pressure. The owners wish to retire but will train appropriately. Store managers, key employees are in place. The owners rarely work the sales counter...they are not the personality of the stores. For the Buyer who will work the sales counter, savings over the current cost of wages will accrue.

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
County: Barnstable

Company Information

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

Financial Information

Asking Price: $395,000
Gross Revenue: $1,107,571
Cash Flow: $156,670
FF&E: $45,323
Seller Financing Available: Yes

Property Information

Facilities:

Two stores, 30 miles apart. The First is a standalone, quaint 2500 sq ft 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 1500 sq ft corner location in a very busy walk-around upscale outdoor mall. Its neighbors are a great combo: Ice Cream, Movie Theater, Sport Clothier.

Growth & expansion opportunities:

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 (POS - Inventory Management etc).

Competition:

No big box stores. No Toys R Us. No Walmart.

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