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Overview

Retail

Children's Toy and Book Store

Price: $685,000

Listing ID: TOYS2

Entity Classification(M): Limited Liability Corporation

Annual Sales: $978,655

Seller Discretionary Earnings: $227,112

Included Inventory: $144,957

FF&E: $75,000

Year Established: 1995

Days & Hours of Operation: 10AM-6PM M-Sat; 11-4 Sun

Inventory: $144,957

Reason For Sale: True Retirement

Limited Seller Financing: Seller will participate in seller financing dependent upon total transaction value, however since SBA removed the seller financing requirement in 2018 none is anticipated.

Listing Status: Under Contract

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Summary

Description:

This multiple award winning, beloved and popular independent toy store for sale is located in an affluent area of Eastern North Carolina. With a history of selling high quality, uniquely crafted toys, this business has an impeccable reputation in the community, and a loyal customer base. Spanning over three decades of service, this is a turn-key opportunity that is fully stocked and has engaging and well trained employees in place. This business is also prime for expanding its growing e-commerce footprint.

Historical Summary:

The business was founded with the concept of selling higher quality, often educational toys that are not available in chain toy stores. The unique product mix differentiates this business from an 'average' toy store and insulates them from competition selling cheaper toys that are widely available.

Competition:

This is a unique business with no direct competitors in the local market.

Growth & Expansion Opportunities:

This business is well staged for the expansion of e-commerce offerings, creation on an Amazon seller account as well as expansion of the retail area for related or complimentary products such as baby clothing and specialty items. There are no geographic restrictions on sales for current product lines.