Party Retail And Rental Franchise Business For Sale

Business description

Well known party retail and rental franchise business that sells all types of party materials, rents tables, chairs, fountains and other party equipment which are in high demand. The present owner is semi-absentee and only works 6 to 10 hours a week. The franchise is well known nationally and only requires 5% franchise fee. All purchases are made through the franchisor who buys in bulk at a lower cost resulting in a higher profit. This is the only party franchise business in the immediate area. This particular store serves as the exclusive balloon decorator for many of the nearby Hotel businesses. The business has a solid annual income and nets to the owner $95,000 annually. This lucrative business opportunity includes all fixtures, a Delivery Van and the cash registers. Please contact us for further information.

Property information

Real Estate:

Lease

Lease terms:

An existing lease expiring on 2013 and with additional options is available for transfer. Monthly rent payments are $3,750 plus cam charges.

Leasehold rent:

$45,000 per annum

Location:

Facility consists of 3,000 square feet with an indoor capacity for 180 people.

Premises details:

Private mall parking is available.

Size in square feet:

3,000

Other information

Expansion potential:

This party rental store is the only one in the immediate area.

Competition / Market:

With onsite management the business can substantially develop.

Support & training:

Seller will provide a full due diligence and transitional period.

Reasons for selling:

Absentee Ownership

Trading hours:

Monday thru Friday Saturday Sunday
10:00 am to 8:00 pm 10:00 am to 6:00 pm 10:00 am to 3:00 pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing is available

Furniture / Fixtures value:

$20,000 (included in the asking price)

Inventory / Stock value:

$125,000