Liquidating Now- Established toys, hobbies & teachers supplies!

Santa Barbara County, CA

Seller Financing Available
Liquidating Now- Established toys, hobbies & teachers supplies!

Asking Price:$65,000

Cash Flow:$82,000

Gross Revenue:$395,984

EBITDA:N/A

FF&E:$18,000

Inventory:$70,000*

Rate/Sq. Ft.:N/A

Established:1994

*not included in asking price.

Liquidating Now- Established toys, hobbies & teachers supplies!

Get Financing Save Print Share Valuation Report

Business Description

Going out of business sale now. This store is closing at year's end. Still time to make a deal the Seller cannot refuse !Toys, hobbies & the niche market of teacher's classroom supplies in an excellent location in the center of town with easy freeway access and two major thoroughfares. County wide teacher clientele Strong sales year round with especially strong back to school and holiday season sales. The business has a steady upward income growth history of about 5% higher each year. Close to numerous elementary schools where teachers shop for supplies frequently .
Inventory/Stock Value: Approx:$ 70,000. payable in addition to business purchase price. Seller may carry inventory cost.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Expiration:
10/1/2018
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4000 sq ft of retail space in a popular strip shopping center with huge parking lot.Below market rent at only 65 cents per sq ft. The lease goes to 2018.The location is superb as it is in the center of town with easy access from two major thoroughfares and close to numerous elementary schools where teachers shop for supplies frequently .
Competition:
Small business normal competition with Amazon and big box retailers, but the Teacher's classroom supplies portion of the business is a unique niche.
Growth & Expansion:
A steady 5-10%increase over previous years. Room to grow.
Financing:
Possible on inventory
Support & Training:
The seller will assist with the transition by sharing methods of doing business, introducing the new owner to the regular customers and accounts and providing training as needed. The key is keeping a pulse on the the latest trends in toys and hobbies,
Reason for Selling:
Retirement

Listing Statistics for Premium Members

Ad#:1242253 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Antoinette Payne

Business Listed By:
Antoinette Payne

Pacific Coast Brokers, Inc

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Scout & Molly’s Boutique

Franchise Opportunity
Capital Required: $225,000