School Supply Stores In 3 Locations For Sale

Business description

These popular school supply retail storesoperation has been in business for over 26 years. The busienss has 3 locations serving growing communities, with two stores located in one of the top 25 largest cities in the United States and ranked in the top 5 for best economic growth, and the third store in a nearby community among the top 10 in growth in the U.S. The stores serve the supply and material needs of parents and teachers and has developed a strong following with its customers.

Property information

Real Estate:

Lease

Location:

The business has three locations with prime locations to serve its customer base.

Premises details:

Location # 1 - 3,000 square feet
Location # 2 - 7,200 square feet
Location # 3 - 2,400 square feet
All three locations are on well traveled streets and offer plenty of parking.

Business Operation

Competition / Market:

This business is the primary source of school supplies for parents and teachers in the markets it serves.

Reasons for selling:

Primary owner is seeking retirement.

Employees:

2 full time, 9 part time plus family management in all 3 locations.

Years established:

26

Other information

Support & training:

The sellers will provide complete training and orientation as required. Two of the family members will remain as employees as needed by the new owner.

Furniture / Fixtures value:

$90,000 (included in the asking price)

Inventory / Stock value:

$405,000 (included in the asking price)