Proven, Profitable Party Supply Business – Celebrate Every Day!

Business Overview:

This well-established and profitable party supply business, operating for over 14 years, offers an incredible opportunity for a new owner to step into a thriving industry. Specializing in a wide range of party products for birthdays, weddings, corporate events, and special occasions, the business has built a solid reputation and a loyal customer base. With a strategic location in a high-traffic area and room for growth, this business is poised for continued success under new ownership.Key Features of the Business:Long-standing Reputation and Loyal Customer Base: Operating since 2011, the business has developed a loyal customer base that includes both individual consumers and event planners. The reputation for high-quality products and exceptional customer service has contributed to a steady flow of repeat customers and word-of-mouth referrals.Diverse Product Offerings: The store offers a wide variety of party supplies, including decorations, tableware, balloons, costumes, and party favors. Whether it’s for a child’s birthday, a wedding, or a corporate function, the store provides customers with all the essentials needed to create memorable events.Prime Location with High Foot Traffic: The store is situated in a high-traffic area that attracts both local residents and seasonal customers. The location benefits from consistent foot traffic, providing a steady stream of potential buyers. The store's visibility in this prime area ensures that it remains top-of-mind for anyone planning an event.Well-Maintained Retail Space: The store boasts a clean, organized, and visually appealing shopping environment. It is designed to provide a pleasant shopping experience, with products neatly merchandised and easy to browse. Customers appreciate the inviting atmosphere, making them more likely to return for future event planning needs.Steady Revenue and Profit Potential: The business generates approximately $500,000 in annual revenue, with consistent cash flow. This makes it an attractive opportunity for entrepreneurs looking to enter a stable industry with a proven track record of profitability. The purchase price of $401,000 includes fixtures and equipment, with inventory sold separately at its audited value at the time of closing.

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Property Features and Assets:

Location: In a high-traffic area with consistent foot traffic. Lease: $5,800/month, approximately 2 years remaining on lease. Assets: Includes all furniture, fixtures, and equipment necessary for operations. Inventory will be sold separately.

Market Competition and Expansion:

Market Dynamics and Opportunities: Local Economic Growth: -Charleston is experiencing steady population growth, increasing demand for party supplies. Trends in Personalization: -Consumers are seeking more personalized, custom party experiences, offering growth in tailored products. Sustainability Movement: -Eco-conscious buyers are looking for green party supplies, creating a new market segment. E-commerce and Social Media Influence: -Expanding online sales.

Reason for Selling:

The current owners are entering the empty-nester phase of life and wish to simplify their personal commitments.

Additional Details:

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