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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.
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 FormLocation
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.