Great opportunity to purchase a unique and thriving business that combines a balloon decoration company and a
retail/wholesale balloon store with distributorship contracts for leading balloon brands.
The balloon decoration company has an impressive annual revenue exceeding $419k with
negligible expenses, making it a highly profitable venture. As a distributor, the business benefits
from competitive material prices, with each decoration costing us only 7-10% of the price with
the average check of $500 and 3-hours labor.
This business has established a dominant market presence, with plenty of room for continued growth.
Net income for 2023 was $199,900!
The business has a strong online presence (Yelp, Google, Thumbtack and BBB), with a modern
and flexible website, effective preset advertisement, and a popular Instagram account with
12,000 San Diego genuine followers that ranks top in search results. The warehouse/storefront is
centrally located, with a low monthly payment, providing convenience and accessibility to
customers.
This is an ideal opportunity for a new owner to take over a profitable and well-established
venture with a loyal customer base of 1,500 lines (both private and corporate), significant cash
flow, and plenty of room for growth as well as the possibility to expand via franchising.
The current owner will provide professional guidance, marketing and sales tips, and comprehensive training to the new owners.
Current lease term expires October 2026 with two three year options available.
Rent is $2/sq.ft., 837 sq.ft. total with 5% yearly increase.
Total monthly rent is only $1758 including CAM.
Super convenient, central San Diego location allow for easy and fast deliveries to any point in San Diego County.
Expansion Potential:
The expansion potential for this business is significant, particularly given the growth of the
retail/wholesale part of the business. With the best Cost of good manufacturer prices, promoting sales
online to other cities and states could significantly increase the customer base and revenue.
The business can also leverage the popularity of the "Party City" style shops by offering
grab-and-go balloon products that cater to customers who prefer convenience and simplicity.
With the recent news of Party City filing for bankruptcy, the business has a unique advantage to
capture customers who are looking for affordable balloons as well as extend the inventory with
other party-related products. With the right hire and training, the business can maintain its
exceptional customer service and develop further as a leading provider of balloons and
decorations in the region.
For even more expansion potential, there is the equipment rental business.
They have a large amount of decoration equipment, so it became an easy way for them to generate additional income with next to no effort.
One of other ideas for expansion is to grow the business into a franchise or sell business courses.
The website is designed to facilitate this type of growth, allowing for easy connection between
different cities in the chain. As a result, the business can leverage its existing infrastructure and
knowledge to create a turnkey solution for aspiring entrepreneurs who are interested in entering
the balloon decoration industry.
In addition to its existing offerings, the business has an exciting opportunity to host classes for
balloon artists. This is a highly profitable and in-demand service that has the potential to
significantly increase revenue and establish the business as a leading provider of balloon art
education. With the rise of social media and the popularity of balloon art, more and more people
are looking to learn the craft and turn it into a hobby or even career. With a large and growing
customer base and famous balloon brands it carries, the business is well-positioned to take
advantage of this opportunity and become a leading provider of balloon art education in San
Diego County and online. Again, the current owner is willing and able to provide all the necessary materials and training to make this happen as well.
In the retail/wholesale balloon market in San Diego, the business is the only distributor for
Gemar, Tuftex, Sempertex and Kalisan balloons. It took them almost a year and a lot of work to
secure those brands. The manufacturers usually have strict rules in place, preventing other
distributors from entering the market in the same city.
Their experience in the industry, combined with their commitment to sharing their knowledge and
expertise with the new owners, ensures that this business will continue to succeed.
The the new owners will be able to maintain their position as one of the leading providers of premium balloon decorations and
wholesale supplies in San Diego.
Business hours commitment:
The owners are available 7 days a week 9am-9pm for calls or 24/7 online.
The actual storefront hours are 10am-6pm weekdays.
Balloon decoration services are usually provided on
weekends with Saturday being the busiest day.
They have employees that take care of basic operations up to 60 hours a week approximately 40 in store and 20 on sites (as needed)
If this sounds like an ideal and extremely profitable business to you, it is, an
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 46,091 | 147,286 | 364,825 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 16,498 | 57,658 | 156,365 |
2010 Persons Per Household | 2.70 | 2.43 | 2.20 |
Median House Value | $387,100 | $391,708 | $501,072 |
Income Per Household | $57,350 | $63,233 | $63,589 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 2,024 | 7,229 | 13,955 |
2012 Number Of Employees | 73,138 | 355,856 | 537,206 |
2012 Total Annual Payroll | $1,609,153,000 | $4,294,967,295 | $4,294,967,295 |
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