Make An Offer On This Bowral Party Shop For Sale

Business description

This Party, Gift and Decorations shop is located in central Bowral (birth place of Don Bradman) on the tourist route of the beautiful Southern Highlands. It has a unique position as the only party store in the region and is known as “the place” to shop for balloon decorations and party costumes.

Established for over nine years and in the current location seven, the business has a unique offering in the Southern Highlands and has cemented its position as a one-stop-shop for fun, with everything in the store guaranteed to put a smile on your face.

The loyal client base is drawn from all around the region and includes parties, hotels, schools and conferences. However, the growth opportunities are strong, as the decorative balloon part of the business has yet to be fully exploited.

The hard work has been done, the business is trading profitably and it is ready for someone active and fun loving with some creative flair looking for the “Green Change” lifestyle Bowral provides.

The vendor is selling their business as they are planning to retire and the asking price has been realistically set.

Product/Service
The store offers party goers and gift buyer’s five main lines;

Balloons / Party ware
Party Costumes and accessories
Adult Fun
Party and Age novelty gifts
Electrical

Balloons / Party ware
Inflated balloons are provided for all party occasions, with orders varying from one to hundreds, with almost as many styles and combinations. Balloons can be picked up or delivered to customers, depending on the order size. Most orders are accompanied by banners, candles, poppers and the like.

There is strong potential to expand this offering with customized creative onsite balloon decoration. Customers can order especially designed balloons bouquets or themes to suit the mood of their special occasion. Creation of the theme would be conducted on-site.

Party Costumes
This line comprises the most amazing and entertaining selection of masks, wigs, capes and just about any accessory you can think of to create that special party costume. The costume hire market is an important source of business because there is no costume hire shop in the region, party goers find it more cost effective to purchase their own “look” rather than hire.

Adult Fun
The “naughty” part of the store carries a range of very tame adult novelties catering to those organizing bucks and hens nights that need a few accessories to spice up the night.

Party and Age Gifts and Cards
A wide range of novelty gifts and cards for just about every occasion, including; an aged based section carrying gifts, like cups identifying age, novelty T Shirts and ornaments.

Electrical
An amazing range of electrical gifts; including strobe lights and lava lamps.

Business Report
The business enjoys excellent exposure to passing traffic on Bong Bong Street, the main street of Bowral and right on the Southern Highlands Tourist route. It is situated in modern premises, part of a Woolworths shopping complex and all well tenanted with on street and off street parting. The shop fit out is of a high standard and no money needs to be spent.

Growth potential for this business is strong: The owner has identified a niche for future growth in the creative balloon product line – Balloon bouquets and creative decoration. Balloon sales are a high margin area of current revenue so the opportunity exists to expand into custom balloon bouquets and decorations, made on-site balloon for decorating parties, wedding and other special occasions.

Property information

Real Estate:

Lease

Lease terms:

Term remaining – 1.5 years
Option – 3 years

Location:

The business enjoys excellent exposure to passing traffic on Bong Bong Street, the main street of Bowral and right on the Southern Highlands Tourist route. It is situated in modern premises, part of a Woolworths shopping complex and all well tenanted with on street and off street parting. The shop fit out is of a high standard and no money needs to be spent.

Other information

Expansion potential:

The owner has identified a niche for future growth in the creative balloon product line – Balloon bouquets and creative decoration. Balloon sales are a high margin area of current revenue so the opportunity exists to expand into custom balloon bouquets and decorations, made on-site balloon for decorating parties, wedding and other special occasions.

Based on revenue during this time, the owner feels that there is strong demand for this service and a great opportunity to grow the revenue by offering this service.

All product lines have a high margin and demand is strong with the shop having a virtual monopoly in their respective categories in the region.

Competition / Market:

There is no competition in any of the product lines in Bowral, or the Southern Highlands. As the owner says “if you want a costume, there is only one place to go”.

Support & training:

The vendor believes that this business, under the direction of a motivated and dedicated owner, could grow significantly in sales and is prepared to train the new owner(s) during a suitable transition period if so requested.

Reasons for selling:

The vendor is selling their business as they are planning to retire and the asking price has been realistically set.

Furniture / Fixtures value:

$44,000

Inventory / Stock value:

$60,000

Contact the seller