Hobby Store For Sale

Philadelphia County, PA

Seller Financing Available
Hobby Store For Sale

Asking Price:$115,000

Cash Flow:$11,774

Gross Revenue:$205,317

EBITDA:N/A

FF&E:N/A

Inventory:$100,000

Established:2003

Hobby Store For Sale

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Business Description

One of a kind hobby store! Owner does no advertising or promotion. This store is great for a hobby enthusiast with a little time to add a social media page, update the website and engage in Internet sales. This is a great opportunity for someone who would like to grow a business while remaining an absentee owner!

Detailed Information

Inventory:
Included in asking price
Employees:
3 FT/1 PT
Facilities:
Rent has remained stable for the past several years. Owner has great relationship with landlord.
Competition:
Although the store gets some competition from craft stores and the Internet, this is a great opportunity for someone to achieve market share through aggressive advertising, updating the website and engaging in a social media campaign.
Growth & Expansion:
The new owner could create a social media presence, update the website, aggressively engage in Internet sales and promote the store. Additionally, if the owner wished to repair remote control cars and other items, this could be a great new source of revenue. Currently, the owner does not have time to do these things.
Financing:
$42K Down/ $73K for 60 mos. @ 7%. Owner will finance to secured buyers only.
Support & Training:
Will train for 2 weeks @ no cost. Occasional management, inventory control. A business license with the city of Philadelphia is required.
Reason for Selling:
Owner wishes to pursue other interests.

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David Lynn

Business Listed By:
David Lynn

Murphy Business & Financial Corporation

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Sponsoring Broker:
Murphy Business

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