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High Volume Neighborhood Specialty Toy St..
Location: United States -> Texas -> Dallas, Dallas County
Industry: Retail > Other Retail




Business Summary

40 year established specialty toy store for all ages in one of the most affluent cities in the DFW is now available for acquisition. This business was originally established by the current owner in 1982. It has relocated within the proximity of the current location throughout the years and has been in operation in the current location for 7 years. This business sells toys, games, crafts, and art supplies for all age groups ranging from birth to 13+ year old children and adults. The majority of the customers are well-educated, family-oriented wealthier individuals and families from the surrounding area and all over the metroplex.

The sales have been consistent and steadily growing for the last several years, and despite the pandemic, the sales have not been impacted too badly due to proactive and creative sales tactics by the owner. The average annual net sales the past few years have been approximately $1.6 million - $1.7 million, and 2021 is projected to be the best year yet.

Over the years, the business has built up a solid loyal and multi-generational customer base by offering a mix of curated merchandise, building personal relationships with the customers, and providing exceptional customer service, which any other competitors cannot emulate.

This successful, well-known, established, and high cash flowing business has everything in place from its reputation, location, customer base, and knowledgeable sales staff is a great opportunity for the next owner who can proactively expand its marketing tactics to fully reach its financial potential and carry on the legacy.
For more info, please call Kevin Chung at 1-866-519-2421.

Asking: $1,750,000
Furniture, Fixtures & Equipment: $20,000 (Included in listed price)
Inventory: $250,000 (Included in listed price)
Financing: 100% down at the time of closing or 25% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Facilities: This business is occupied in a 3,611 SF space in a re...


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,404,434
Cash Flow:   $705,284
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1982
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
Reason For Selling:  Retirement




Print Listing Id: 700365388
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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