Founded in 2018, this Party Store has carved a niche in its downtown location in northern Michigan. Boasting consistent success, it generated $1.13 million in revenue for 2023 with a stable gross margin between 25% and 30%. This thriving business operates efficiently within a 3,500-square-foot space, expertly managed by a dedicated team of two full-time and four part-time employees.
Step into a contemporary and inviting atmosphere, a testament to recent renovations exceeding $100,000. Investing in the future, this further optimized operations with $10,000 invested in upgraded tills/POS systems and $8,600 on enhanced security cameras. These strategic moves lay a solid foundation for future growth and operational efficiency.
Why Invest in This Party Store?
- Proven Profitability: Consistent revenue and healthy profit margins showcase a resilient business with strong earning potential.
- Prime Location: Over 7,400 vehicles passing by daily guarantee a steady flow of customers in this high-traffic area.
- Turnkey Operation: Recent renovations and established systems minimize upfront costs, allowing new owners to hit the ground running.
- Growth Potential: Unexploited avenues like online marketing and expanding product offerings present exciting opportunities for further revenue streams.
Ready for a New Chapter:
Current owners seeking to focus on family present a unique opportunity to acquire a successful business with exceptional growth potential. Committed to ensuring a smooth transition, they are open to providing limited-time assistance and are deeply invested in the store’s continued success.
Don’t miss this exciting chance to own a thriving business with boundless potential. Contact us today and take the first step toward your entrepreneurial journey!
2022 Revenue: $1,127,990
Real Estate: 3,500 square feet on 1.1 acres
Employees: 2 full-time, and 2 part-time
- Profitable Business Opportunity with consistent earnings and cash flow.
- Prime Location has 7,400 vehicles passing daily on a Michigan highway.
- Strong Beer, Wine, and Liquor Sales at this location.
- Turn-Key Opportunity
- Expand Product Offerings
- Add Fuel, that will increase traffic
- Add DNR License Sales
- Leverage Online Presence for Sales and
- Add more Prepared Food & Deli Offerings
Support & Training: Ownership is willing to assist on a limited basis.
Reason for Selling: Focus on other opportunities.