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Party Supply And Balloon Business In Myrtle Beach

Myrtle Beach, SC, USA
Listed 27 days ago

Turnkey party supply and balloon business in Myrtle Beach, South Carolina, generating $717,928 in annual revenue and offering nearly 30 years of trading history, an established customer base and multiple revenue streams. The business provides an extensive selection of balloons, party supplies, specialty décor, themed products and custom balloon arrangements for birthdays, weddings, graduations, holidays, baby showers, corporate events and other celebrations. Additional services include custom balloon designs, helium services, event décor, local delivery and services for business customers, creating diversified demand throughout the year. With nearly three decades in the market, the business has developed a recognizable presence and loyal customer base. The operation is supported by three full-time employees and is positioned as a turnkey opportunity for an incoming owner. There is significant potential to grow custom event services, online sales, local delivery, corporate accounts and marketing activity, building on the business's existing product range, reputation and customer relationships. The business operates from approximately 1,983 sq ft of leased premises in Myrtle Beach, with monthly rent of $3,635. Seller financing is available, and the current owner will remain for a transition period to support continuity and introduce the buyer to the operation. The business is offered at $395,000, with the owner approaching retirement.

Location

Located in Myrtle Beach, South Carolina, within Horry County, the business operates from approximately 1,983 sq ft of leased commercial premises. The Myrtle Beach location supports the business's established party supply, balloon, event décor and local delivery operation.

Employees

3 full-time

Lease Terms

Monthly rent: $3,635.

Real Estate

Lease

Leasehold Rent

$43,620 per annum

Premises Details

Approximately 1,983 sq ft of leased commercial premises supporting the party supply, balloon and event décor business.

Years Established

Nearly 30 years

Support & Training

The current owner will remain for a transition period to support the incoming owner and help ensure continuity of the business.

Expansion Potential

Strong opportunities exist to expand custom balloon and event décor services, develop online sales, increase local delivery activity, grow corporate accounts and invest further in marketing. These growth channels can build on the existing customer base, established reputation, broad product selection and multiple revenue streams.

Competition / Market

The business benefits from nearly 30 years of market presence, a recognizable brand, an established reputation and a loyal customer base. Its broad product and service offering serves customers across birthdays, weddings, graduations, holidays, baby showers, corporate events and other celebrations, providing diversified demand throughout the year.

Reason for Selling

Nearing retirement.

Financials

Asking Price
$395K
RevenueMost Recent Year
$718K
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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