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Craft Store for Sale in Aalst, Belgium

For sale: Part supplies business with 4 stores located in different parts of Belgium.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.1 million
Run Rate Sales USD 2.3 million
EBITDA Margin 5 %
Industries Craft Stores
Locations  Aalst
Local Time 11:20 AM Europe / Brussels
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.3 million (Native Currency: EUR 1,200,000)
Reason: After successfully establishing and growing the party supplies business, we feel ready for a new cha... View More
Includes physical assets worth USD 1.3 million
Name, Phone, Email
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Business Name
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User Verification
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Business Overview

- We are a party supply store located in Belgium. We operate our business from 4 stores.

- Number of Clients: Our business serves a broad customer base, including individual shoppers, event planners, corporate clients, and community organizations. We have a large and diverse clientele that continues to grow with each passing year.

- Our revenue model is primarily driven by the sales of party supplies and related products both in-store and through our online platform.

- We have cultivated strong and mutually beneficial relationships with suppliers, manufacturers, and other business partners. These relationships allow us to maintain a diverse inventory of high-quality products and offer competitive pricing to our customers.

- The walk-in of the business depends on the occasions and the festivities.

- We have permanent as well as temporary employees.

- We have all the required registration documents.

Products & Services Overview

Costumes and Accessories: Our stores boast a wide selection of costumes for all ages, including popular characters, historical figures, and creative ensembles. We also offer a range of accessories like wigs, hats, and masks to complete the look.

Party Favors and Novelties: Customers can find an array of party favors and novelties to add fun and excitement to their celebrations, including glow sticks, confetti poppers, and themed trinkets.

Seasonal and Holiday Items: Throughout the year, our stores feature a rotating selection of seasonal and holiday-themed decorations and accessories, ensuring that customers can find everything they need to celebrate special occasions throughout the year.

Our stores cater to a diverse clientele, including:

Families celebrating birthdays, graduations, and other milestones.

Party planners organize events for corporate clients, schools, and community organizations.

Individuals attending themed costume parties and masquerade balls.

Event coordinators arrange weddings, baby showers, and other special occasions.

Assets Overview

Inventory:

A wide range of party supplies, decorations, costumes, and accessories.

Balloons, party favors, novelties, and seasonal/holiday items.

Furniture and Fixtures:

Display racks, shelves, and showcases for product presentation.

Checkout counters, furniture for customer seating areas, and office desks.

Equipment for balloon inflation and arrangement.

Vehicles:

Delivery vans or vehicles used for transportation of inventory and supplies.

Technology and Equipment:

Point-of-sale (POS) systems for retail transactions.

Computer hardware, software, and peripherals for administrative and operational purposes.

Balloon inflation machines, costume fitting rooms, and other specialized equipment.

Brand Reputation and Goodwill:

Established brand recognition and reputation as a trusted provider of high-quality party supplies.

Loyal customer base and positive word-of-mouth referrals.

Goodwill is associated with years of operation and community presence.

Customer Database:

Customer contact information and purchase history for targeted marketing and customer relationship management.

Supplier and Vendor Relationships:

Established relationships with reputable suppliers and vendors for consistent inventory sourcing.

Preferred pricing agreements and terms negotiated based on business volume.

Intellectual Property:

Trademarks, copyrights, and other intellectual property associated with the business name, logo, and branding materials.

Business Processes and Systems:

Standard operating procedures (SOPs) for inventory management, customer service, and store operations.

E-commerce platform and online systems for order processing and fulfillment.

Employee Expertise and Training:

Skilled and trained staff with expertise in customer service, product knowledge, and event planning.

Training materials, manuals, and documentation for employee onboarding and development.

Facilities Overview

Our flagship facility is located in a prime commercial area and boasts a spacious built-up area of approximately 1,500 sq. m. This expansive space allows us to showcase our extensive range of party supplies and allows us to stock our products for delivering our 3 other stores.

The other stores have a size of more than 400 Sq. m.

We have secured a long-term lease agreement for our facility, providing stability and continuity for our business operations. The lease terms include favorable rental rates and flexible renewal options, allowing us to effectively manage our overhead costs and budgetary considerations. Additionally, we have invested in customizations and improvements to the space to enhance the shopping experience for our customers and optimize our operational efficiency. All the spaces are rented.

Capitalization Overview

As the business is wholly owned by three shareholders, each shareholder holds an equal percentage ownership of 33.33%.

The shareholders have collectively contributed capital to establish and grow the business, and profits generated from sales are reinvested to support ongoing operations and expansion initiatives. This funding structure allows the business to maintain financial independence and flexibility in its operations.

Should there be any further queries regarding loans outstanding or additional financial information, we would be happy to provide more details upon request.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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