Seize the chance to own a flourishing hobby shop with both a physical storefront and an online presence. Specializing in sales, repair, and service of hobby products, this business offers a unique opportunity for anyone passionate about hobby and toy products.
Location: Situated on a main road, the shop benefits from high visibility and traffic, ensuring a steady flow of customers. The current monthly rent is manageable at $2,000, with flexibility to secure a long-term lease of 3-5 years.
Operating Details:
- Trading Hours: Open six days a week: Monday to Friday from 10 AM to 5:30 PM and Saturdays from 10 AM to 3 PM.
- Involvement: The owner is fully involved, operating the business with occasional assistance from a family member.
Key Features:
- Long-standing Business: Established and operational for over 20 years, building a loyal customer base and a strong community reputation.
- Growth Potential: Significant opportunities for expansion by opening on Sundays, enhancing online marketing efforts, and increasing promotional activities.
- Turnkey Operation: All systems and processes are already in place, allowing for a smooth transition and immediate operation by the new owner.
- Owner Support: Comprehensive training and transition assistance will be provided to ensure the new owner is well-prepared to continue the shop's success.
Sale Motivation: The current owner is looking to sell due to personal health reasons and a desire to step back after many dedicated years. This presents a unique opportunity for a new owner to rejuvenate the business with fresh energy and vision.
Financials:
- Asking Price: Open to offers for a quick sale.
- Annual Rent: $24,000 with potential for a new lease agreement.
Ideal Buyer: This business is perfect for individuals or entrepreneurs passionate about hobbies and looking for a stable business with a solid foundation and existing customer base. It's also suitable for those seeking a venture with expansion potential both online and in-store.
Market Trends: The hobby and toy industry has shown consistent growth, with increasing demand for both traditional and innovative hobby products. This shop has capitalized on these trends, maintaining relevancy and popularity among its customer base.
Why Buy This Business?
- Stable Income: Established clientele and steady income.
- Relocatable: Flexibility to move or expand the business operations.
- Proven Business Model: Over two decades of successful operation.
- Life-Style Fit: Manageable hours with potential for expansion of operating times.
Don't miss out on this opportunity to own a well-established hobby shop with great potential for growth and expansion. Send an enquiry today to discuss further and explore how you can become the new owner of this exciting business!
