Total of 18659 firms and businesses for sale today Saturday 11th May 2024
Time to Sell or Time to Buy !

Sold. Party And Wedding Supply Store

LISTING DETAILS
Firms For Sale ID:
28031
Vendor reference:
8022-11-38
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$175,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$308,356
Net profit / cashflow:
$56,439
Years established:
1991
Trading hours:
Mon - Wed - 10AM - 5PM Thu - Fri - 10AM - 7PM Sat 10AM - 6PM Closed on Sundays
Number of employees:
3
Business website:

OTHER DETAILS
Reason for selling:
Seller is moving from area
Financing available:
Negotiable
Support and training:
2 weeks
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease remaining:
4
Lease terms:
Add'tl 5 year option
 
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BUSINESS DESCRIPTION
VR Business Sales in Edmonton AB presents: WELL ESTABLISHED WEDDING AND PARTY SUPPLIES STORE. This popular party and wedding supply store has been around for 20 years. Excellent location and great reputation in the community. This business is the only favorite destination for party supplies, wedding cake supplies, baby showers, corporate parties, Halloween, Christmas functions, etc. Business services all major events in the area for corporations, schools, community events, etc. The store carries a large selection of products for almost all events. Inventory of $90,000 is included in the sale price. No competitive stores exist in the area and the store is located in a busy retail strip mall with ample parking for customers. The party and wedding supply store for the last 3 years has become the primary destination in the local community for party supplies with a reputation for a wide variety of inventory and great customer service. A strong relationship and lucrative repeat business exists with the city for all the sponsored events.

The seller is extremely motivated to sell and is committed to making sure the buyer will be successful.

Expansion Potential
Well trained employees and solid market reputation. Great selection of products and inventory. Lots of opportunity to further expand by focusing on corporate clients and corporate functions.

Market / Competition / Non-Competition Agreements
Excellent wedding and party supply store with essentially no competition in the area. Business owns the market and conducts caters to all major events in the area. Excellent long term clients, repeat business each year with corporate functions, graduations, Christmas, etc.