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The Wall Street Journal Online

Hobby Shop

Mandan, North Dakota (Morton County)

Photo Available
Asking Price:
$149,000
Gross Income:
N/A
Cash Flow:
N/A
EBITDA:
N/A
FF&E:
N/A
Inventory:
N/A
Real Estate:
N/A
Year Established:
2003
Employees:
1
Business Types:
General Merchandise Stores
Miscellaneous Retail

Business Description

Family owned hobby shop featuring a wide range of radio-controlled cars, helicopters, airplanes & boats; Large parts inventory; Timely repair turnaround to meet urgent client needs. Indoor & outdoor track for model car racing. Loyal customer following due to personalized service & local technical support for its products.

Detailed Information

Competition:
Online vendors are the largest competitors. There are a few regional competitors. Key advantage over major retailers such as Wal-Mart & Hobby Lobby is that almost eveything the business sells has replaceable parts while major retailers products parts are not available for replacement.
Growth/Expansion:
Increase advertising in outlying areas; add miniature trains to product line; display radio-controlled cars and boats at local car & boat dealerships
Support/Training:
Owner is willing to provide training and remain a resource to the new owner for two months after sale. Owner is also willing to sign an employment contract with the new owner after sale and work for the business.
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Broker Information

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Business For Sale Listed By

Steve Ilse
Aspen Group Real Estate
701-226-7734

Sponsoring Broker

Steve Ilse

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Ad#: 490723

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