LISTING DETAILS
Listing Status: New
Asking Price: $110,000
Total Sales: $216,742
Cash Flow: $56,108
Real Estate Asking Price: N/A
FFE: $5,000
Inventory: $40,000
FFE Included in Sale: Yes
Inventory Included in Sale: No
Real Estate included in Sale: No
Year Established: 2013
Employees: 4
Description
Business Summary:
Unique opportunity to own a puzzle and game shop in Northern Virginia. The business was founded in 2013 and has become a popular destination with a significant number of regular and repeat customers over the years. There is a broad and diverse mix of toys, puzzles and games with inventory from over 40 companies around the world including many niche and hard to find items.
A friendly and knowledgeable staff is on hand to answer any questions and explain the details of the products. Local customers prefer to shop in-store rather than online because they can touch and feel the products, ask questions about different brands, and ask about appropriateness of various toys, puzzles and games to fit their needs. There is a loyalty program in place which helps bring back customers who regularly come from all over Northern Virginia and down to Fredericksburg and up to Baltimore.
The location has been ideal for this type of business as the town is a popular tourist destination and just off I-95. There are a number of local events such as 2 annual craft fairs, trivia nights, concerts in the park, and more which are usually well attended. The current employees are willing to stay and are flexible with scheduling. This is a great opportunity for a hands on owner with a love for toys, puzzles, games and a desire to share the fun with others!
Description of Facilities: The store is centrally located in a historic Northern Virginia town in close proximity to several other popular locally owned businesses. There is great pedestrian foot traffic and the area sees a large number of tourist visitors as well. There is a welcoming entrance with large covered porch area shared with ice cream shop next door.
The space is very open with two large rooms and a complement of adjustable wall shelves throughout as well as independent standing bookshelves, cases and display spinners which all convey in the sale. There are fluorescent light fixtures as well as track lighting throughout the store. A Small private bathroom, small storage area with sink, mini fridge, water cooler, and microwave round out the space. An additional nearby storage unit in town is available as well.
Competition: There is limited direct competition as this store serves a niche market and has many unique, hard to find items that aren’t available at other local and national franchise retailers.
Growth & Expansion: There is room to grow and expand the business in a number of ways. E-Commerce sales can be expanded along with new products being introduced into the mix. There is also potential for adding in-store events like “game” and “puzzle” nights and by hosting puzzle competitions.
Seller Financing Available: Yes
Seller Financing Terms: Seller Financing Available depending on the final purchase price, terms and qualifications of the buyer.
Reason for sale: Owner is retiring.
Training & Support: Seller will provide necessary training and support.
For more information on this listing, please complete our Non-Disclosure Agreement
