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Terrific Opportunity for Owner Operator - Party Supply Store

Chardon, Ohio (Geauga County)

Retail - Miscellaneous Retail | Services - Amusement & Recreation

Asking Price $65,000 Inventory 109,000* 
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established 2008
FF&E N/A Employees 3

* included in the asking price

** not included in the asking price

A small investment is all that is needed to own your own Party Supply store in Geauga County, OH. Small, family-owned store, no franchise fees. Owners had to relocate you can pick up where they left off. Store has been open a year and while not yet profitable, it is well within reach with the right owner-operator with less personnel needs. Fun environment, great customers, and established presence! Fun store, sells balloons, decorations, party items, favors, Wilton, Webkinz, and holiday supplies. Located in the Meadowlands Plaza, near Home Depot and Game Stop. Check out the Party Palooza Facebook page! We have begun a business to business outreach to allow corporate customers to have access to discounted supplies for their functions. Further, we have established relationships with local schools and daycare centers. This effort can be expanded significantly to include a range of local taverns, health care facilities, etc. Will train and work the transition. Storefront website has been developed and is transferable, just needs inventory put on and activated. Over $100,000 invested in just the buildout and initial inventory! Serious Inquiries Only Please. Financial information provided upon request. Be the Life of the Party! .

Facilities: All equipment needed to run the business is included. POS and computer system, built out 1,440 sq foot space, all shelving, inventory, etc. Buyer would need to qualify to take over the lease with landlord.

Competition: No other party store located in town, other stores are approx 1/2 hr away. Competition includes grocery stores with some merchandise, as well as Walmart with some merchandise overlap. However, neither of these competitors carries the selection offered at PARTY PALOOZA. There are opportunities in this environment for a savvy owner-operated business that can work with customers and business-to-business in a personal manner. Customers like that the business was family owned-operated.

Growth/Expansion: Price includes all the existing inventory at the store and in storage; all fixtures; all upgrades to the space; all computer/office equipment, etc.

Support/Training: Will have on site manager available for an agreed upon time frame. Owner will come train buyer on backroom operations.

Reason Selling: Family relocation back to Virginia.

Business For Sale By

Michael Eging

703-723-0383

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