Party Supply & Rental- High Net

$175,000

Orange County

Asking Price: $ 175,000

Type of Business: PARTY RENTALS & SUPPLIES, TENTS, JUMPERS, SLIDES, HEATERS, ETC
Location: N. Orange County
Hours of Operation: 9 AM – 8 PM. SUNDAY 9 AM- 4PM
Gross Sales: $ 277,578, 2017 annualized
Adjusted Net Profit: $ 88,264 – 2017 annualized
Total Rent: $ 4388 increases 3% each year
NNN: $ included
Length of Lease: 6/30/2019
Options: Approx.: TBD
Sq. Ft. 6,000, 3 STORIES
Occupancy: N/A
Number of Employees:  20
Full time: .         1                  Part time: .  10
Payroll: $ 6,700
Insurance: $ 12,100 / YR. INCL. AUTO, BUSINESS & W/C
Gas: $ 40
Electric: $ 180
Water: $ 38
Phone: $ 102
Trash: $ 141
TV / Internet:$ 141
Cost of goods: N/A

 Business Description

3 STORY PARTY RENTAL & SUPPLY STORE. THEY OFFER EVERYTHING FROM, TABLES, CHAIRS, PORTA POTTYS, JUMPERS & SLIDES, TENTS, PINATAS, CANDY, CARDS, BALLOONS, FOOD SETUP ALL EVENTS. DELIVERY & SETUP. INCLUDES 3 TRUCKS FOR DELIVERY & SETUPS IN LOCAL AREAS. BY CHOICE THEY LIMIT THE AREA THEY CHOOSE TO SERVICE. THE BASEMENT HAS REAR LOT ACCESS FOR LOADING THE TRUCKS AND FOR DELIVERIES & STORAGE FOR THE LARGER ITEMS, MAIN STREET LEVEL IS THE SHOWRROM & SUPPLIES. STEADY BUSINESS THROUGHOUT THE DAY. GOOD VISIBILITY & SIGNAGE CLOSE TO HOMES, PARKS & COMMERCIAL. UPPER LEVEL HAS AN ACTUAL LIVING AREA IF NEEDED, CURRENTLY RENTED TO A MARTIAL ARTS STUDIO.THE SELLERS HAVE 3 YOUNG CHILDREN UNDER 14 & A RESTAURANT, SO THEY DO NOT HAVE THE TIME TO PUT IN HERE AS THEY FEEL THEY NEED TO. STRONG CONSISTANT SALES. GOOD BOOKS & RECORDS BEING KEPT. SELLERS TAKE A SALARY IN ADDITION TO THE PAYROLL ABOVE. HUGE POTENTIAL TO SERVE THE HUGE LATINO & BUSINESS COMMUNITY IN THE IMMEDIATE AREA. GOOD CONSISTENT MONEY MAKER.


Call for more details.

(714) 366-5498