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Business for Sale Summary

Two Toy Stores For Sale in Kings County,NY - 30620

Business Type: retailing businesses,apparel and accessory store,card shop/stationery store,children's furniture and accessories,entertainment,electronics & technology,gift and specialty retail
Two Toy Stores For Sale in Kings County,NY
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Financial Information (non-confidential)

General Information
Asking Price $280,000 Down Payment $200,000
Gross Revenues $650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and $80,000 at 6% over 36 months

Business Description

A chain of two toy stores, located in family neighborhoods in Kings County, NY. The name has become a landmark in the area when it comes to toys and kids' accessories. It is the only toy store in the whole area, and our vendors are very strict when opening accounts to newcomers near to existing ones. Currently working with more than 150 active vendors, we keep an excellent relationship with each one of them. Each location offers a side service- one has a space downstairs where activities and events are held during the week, birthday parties during the weekend. The activities offered have increased in the past six months, which has brought more revenue and traffic. At the second location, we have two stations to do kids' haircuts. The number of haircuts have increased exponentially since we opened six months ago. With these side activities, each location generates another source of income, and has helped increase the customers base of each location, dramatically. We have solid Instagram and Facebook accounts, with more than 1200 followers on each- all organically grown. Both locations are still growing in number, as condos are being built in both areas, with families moving in. The potential is big for someone committed to make it happen here. Call today for more information.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.