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Overview

Retail

Children's Toy and Book Store

Price: $775,000

Listing ID: TOYS2

Annual Sales: $942,008

FF&E: $75,000

Seller Discretionary Earnings: $230,255

EBITDA: $0

Year Established: 1995

Days & Hours of Operation: Central NC

Inventory: $144,957

Reason For Sale: True Retirement

Listing Status: Under Contract


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:

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.

Enlign
Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Principal Broker – Raleigh, NC

Office: (919) 341-1100

Cell: (919) 624-1124




Contact Listing Broker

Real Estate Transaction Handled by

2009 Caminos Drive, Raleigh, NC 27607

Real estate agent's disclosure Form

Location

Location: Shopping Center

Real-Estate: Leased

Facilities Type: Shopping Mall

Building Square Feet: 1,840

Facilities Description:

All point of sale equipment, office equipment, marketing materials, retail shelving and racks, security cameras, and various displays are included. This turn-key opportunity.

Labor

Full-time Employees: 5

Part-Time Employees: 2

Support & Training

Owner Qualifications:

General business skills including basic bookkeeping, HR, and customer facing with adults and children. Experienced manager and staff run day to day operations. Product buying knowledge would be a plus.

Support & Training:

Seller will provide 30 days training, post-closing. Additional transition assistance may be arranged.
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