Successful Kalamazoo County Party Store

Kalamazoo County, MI

Kalamazoo County Party Store
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Asking Price: $325,000

Cash Flow: N/A

Gross Revenue: $2,200,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: N/A

Successful Kalamazoo County Party Store

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Business Description

High volume, great location, full service party store with well over 2 million in annual revenues for the last several years is looking for the right buyer to take the helm. This store caters to a diverse crowd with solid sales in alcohol & beverage, food and merchandise as well. Situated in Kalamazoo County in an extremely desirable location, within the vicinity of a large student population, this opportunity has definite potential for a high return on investment. This store is highly rated on social media with a large following creating great opportunity and room for growth.

Detailed Information

Location:
Kalamazoo County, MI
Real Estate:
Leased
Building SF:
4,200
Lease Expiration:
N/A
Employees:
23
Facilities:
4200 sq feet located in a clean retail strip center.
Competition:
Although there is plenty of competition in this space throughout the county this business has always thrived and is poised to create great returns for the right owner. Location and tradition are some of the key ingredients that keep this business viable and extremely successful.
Growth & Expansion:
2016 and 2017 were slowed down due to major events outside the control of the business owner, and 2018 is tracking and projected to be at expected target levels. There is plenty of room to grow, especially with a savvy online digital marketing strategy. An active owner should see increased returns immediately. There are additional revenue streams the current ownership has yet to explore, but is willing to share those ideas. An experienced owner or one that is adept in marketing, merchandising with an understanding to optimizing margins will find this opportunity highly rewarding and lucrative.
Support & Training:
The seller will provide training to help the purchaser take over operations. This will help in providing a smooth transition while learning the business and its operating activities, gaining and understanding of the customers and vendor partners, and building a working relationship with the employees.
Reason for Selling:
Seller wants to retire
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Larry Baumgart

Business Listed By:
Larry Baumgart

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