Own a Toy And Hobby Store Overnight!

Wright County, MN

4800 Square feet and over $800,000 in annual gross sales!
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Asking Price: $350,000

Cash Flow: N/A

Gross Revenue: $803,923

EBITDA: N/A

FF&E: $18,000

Inventory: $175,000*

Rent: $4,200 /Month

Established: 2012

*not included in asking price.

Own a Toy And Hobby Store Overnight!

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Business Description

Be your own boss today and do things your way!

Do you like toys and have a passion for hobbies? Do you like to do things your own way and not want to worry about franchise rules, mall rules or reporting to someone? We have the PERFECT opportunity for you! With Christmas coming, now is the best time to invest in a toy store. All the “busy season” benefits are yours to enjoy! If you have the finances to invest, we can easily make this a seamless transition.

Our beautiful 4800 sf store is just 30 miles from downtown MPLS. We have active vendor agreements with over 200 vendors, including LEGO, Mattel/Fisher Price, Melissa and Doug, Traxxas, Southern Hobby, Horizon Hobby, Toysmith, Lionel, Schylling—the list goes on. Our accounts are in positive standing and we have outstanding relationships with our vendors and sales staff. We are active members of ASTRA, NRHSA and the Chamber of Commerce for our area.

We have top-notch staff with a staff turnover rate that maintains at about 1/3 of the retail industry standards. We have so many wonderful customers who are extremely supportive of our store and share the passion with us.

There are over 2200 active rewards members and over 3600 customers that follow us on Facebook. We already have a fully functioning website, marketing materials, Facebook site, signage, marketing postcards, gift cards, computers, POS system, computers, store shirts and rent that is well under the area average close to a popular mall.

The owners are selling to pursue outside employment interests/hobbies. We have a passion for what we are doing and know the right person can pick up and run with this. We can provide training, make introductions to our vendors, community members, Chamber of Commerce and everyone else we possibly can to make this as easy for you as possible—it will be your store—so just let us know how we can make it easier!

We have always operated independently and will complete this sale that way too, with just a bit of help of a lawyer to make sure the details are all taken care of. As such, there is no extra markup included with our asking price since we don’t need to pay a salesperson for helping us out.

Detailed Information

Location:
Wright County, MN
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,800
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Our metal shelving is Lozier shelving. All our wood stands have wheels for easily rearranging the store. The storage area is lined with industrial shelving. The sale includes 50 chairs and 8 tables for store events. We have 2 registers, 3 computers licensed for the POS and a laptop for the airplane simulator. The train and train table, all play areas will stay with the store. We have a 60' tall pylon sign with a 1 yr old $12,000 sign.
Growth & Expansion:
There is growth opportunity in our mall if desired. We have a wonderful and supportive landlord that has always been easy for us to work with.
Financing:
Lease has the rent/cam increasing a little each year.
Support & Training:
We will help with all industry introductions, training on the POS, walking through marketing and will have honest discussions about what has and hasn't worked for us in terms of marketing. Our goal is to make this easy so you don't have the trial and error we did.
Reason for Selling:
The owners are selling to pursue outside employment interests/hobbies.
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Business Listed By:
Ruth Kremer

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