Profitable Full Service Hobby Shop In Charlotte For Sale

Business description

This well established hobby shop is one of only a few shops serving the Charlotte metro area with parts and service. It is the Factory Authorized Service Center for Mattel-Fisher Price Power Wheels warranty repairs. The store is open 5 days a week during regular hours.

The shop features model airplanes, helicopters, boats and racing cars at the best prices in the area. They have one of the premier Radio Control (R/C) race tracks in the area inside the store and they have access to a field for flying model airplanes nearby. This company is the leading source for R/C products, service, and support in the southern Piedmont region and they pride themselves with having the spare parts and technical staff to get repairs completed quickly and efficiently for 90% of walk-in customers.

What is interesting about this company is that it can be expanded with satellite stores and internet sales. The seller will sell an additional $200,000 of inventory depending on the buyer’s strategy. Even though the store is located within a 15 minute drive from Concord Mills Mall, it could be relocated elsewhere within the Charlotte metro area because the customer base is regional.

Property information

Real Estate:

Lease

Premises details:

4,000 sq ft, $1500.00

Business Operation

Reasons for selling:

Retirement

Trading hours:

Days: Tuesday-Saturday

Employees:

Part Time: 3

Years established:

11

Other information

Financing available:

Downpayment Required: NEGOTIABLE
Financing is Available

Furniture / Fixtures value:

$12,670 (included in the asking price)

Inventory / Stock value:

$85,000 (included in the asking price)