Toy Store for Sale in Popular Shopping District 001263
Toy store for sale! Absentee retail toy business with huge potential for fast growth is available for acquisition. This business specializes in selling toys to children that can't be easily sourced. The toys consist of eco-friendly toys, toys made in the US, and unique toys that are sourced from overseas. This business was established on September 11th, 2019, by the current owner of the business and has had a steady incline in revenue since. This business is located in 1,100 SF of a high-end retail strip shopping center. Various nationwide chains and mom-and-pop retail businesses bring constant foot traffic to this area. Sales over the longevity of the business have seen steady and consistent growth over the last several years despite the pandemic. Expanding to a larger facility will allow for a wider inventory selection and give the business owner more buying power by purchasing in larger quantities. Utilizing trends in toys can help increase sales dramatically. Current marketing consists of social media outlets and Yelp. A stronger marketing strategy can help increase the revenue for this business as it offers niche products to a growing audience in the toy industry. Additional marketing efforts are critical to increasing the brand's visibility and products. Implementing new marketing strategies such as fundraising events, school events, SEO, and loyalty programs will help grow the business. This business is a perfect opportunity for someone with retail experience or an entrepreneur looking to get into the retail industry that has great potential.
Down Payment: $90,000
Total Sales: $271,366
Cash Flow: $55,227
Inventory: $60,000 (Not Included in listed price)
FFE: $30,000 (Included in listed price)
Owner Financing: No
Franchise: No
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Other Opportunities
Training & Support:
The business owner will provide two weeks of training to transition smoothly into the business operation.
Year Established: 2019
Employees: 6PT
Absentee Owner: Yes
Square Footage: 1,100 SF
Facilities Information:
This business is located in 1,100 SF of a high-end retail strip shopping center. Variousnationwide chains and mom-and-pop retail businesses bring constant foot traffic to this area.
Competition:
There are other stores that sell toys but this store has its niche by sourcing eco-friendly toys, toys made in the US, and unique toys that can't be easily sourced by many competitors.
Potential Growth:
Expanding to a larger facility will allow for a wider inventory selection and give the business owner more buying power by purchasing in larger quantities. Utilizing trends in toys can help increase sales dramatically. Current marketing consists of social media outlets and Yelp. A stronger marketing strategy can help increase the revenue for this business as it offers niche products to a growing audience in the toy industry. Additional marketing efforts are critical to increasing the visibility of the brand and its products. Implementing new marketing strategies such as fundraising events, school events, SEO, and loyalty programs will help grow the business.
Financing/Terms:
100% down at the time of closing.
