SOLD-Boston Area Fun Profitable Retail Toy Store For Sale

SOLD ‘Q3 2024

Boston Area Fun & Profitable Retail Toy Store

Location: Suffolk County

Seller Financing: May be available if the price and deal structure is right

Asking Price: $360,000

Cash Flow: $160,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $25,000

Inventory: $150,000

Established: 2001

Employees: 8

Business Description
A very successful and award-winning independent toy shop in the Boston area. This business is a full-service toy store based in the Boston area, providing a great selection of quality toys, games, puzzles and creative activities for kids and kids-at-heart. The company prides itself not only on its curated selection of toys and playthings for infant to adults, but also on its success in offering parents, grandparents and teachers a fun shopping experience.

This beloved and popular independent toy store has been in the neighborhood for more than 20 years and has an impeccable reputation in the community, and a loyal customer base. Spanning over two decades of service this is a turnkey operation that is fully stocked and has engaging and well-trained employees in place.

Are you ready to embark on an exciting journey into the world of retail and education? Imagine being the proud owner of a beloved neighborhood toy store that has been delighting families for over two decades! Now is your chance to step into business ownership and make a lasting impact on your community while running a profitable business.

NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities:
Fun and efficient 1,200 sf retail showroom with storage in the basement in an easily accessible area with street visibility and prominent signage. Rent is approx. $4,500 per month plus utilities, this includes taxes.
 
Competition:
There are a few national big box store competitors, namely Target, Walmart, and of course Amazon in the e-commerce space. These competitors cannot offer the local appeal and curation of this store. They tend to be able to sell at lower prices because of their warehousing and large order buying power. Locally there is really only one primary competitor that is comparable to this store.

Growth & Expansion:
This business does very well as a single location brick and mortar toy store. The outstanding local support and curated inventory make it a preferred choice of shoppers. In addition, the company is poised to dramatically increase its online e-commerce activity with the newly updated website and Shopify store. Additional online, print, and social media advertising could increase the volume of business substantially.

The procedures manual and systems implemented by the owner could be used as a blueprint to open more locations if a new owner was ambitious.

Financing:
TBD if structure and terms are acceptable.

Support & Training:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Reason for Selling:
Ready for the next challenge