Established Nostalgic Toy and Candy Shoppe Opportunity

Olde-Wilmington-Toy-Logos

Business Brokerage By Momentum

Great Location with Foot Traffic

Better than considering a start-up! The Olde Wilmington Toy and Candy Shoppe is available for immediate purchase and ready to reap holiday revenue.

New Owner opportunity to grow this unique retail business is unlimited! Started in late 2018 the sales have been increasing with management oversight only. The perfect fit would have a hands-on owner who would add a social media presence and a website to pull additional sales in. The nostalgic treats and products that many remember from childhood are perfect for Instagram, TikTok, and Pinterest promotion. Products include, candies, sodas, and some of the best nostalgic toys.
The Cotton Exchange is a destination for locals and tourists alike. With 3 restaurants and over 25 retail and service businesses, the toy and candy shop benefits from daily foot traffic and visitors. Located on the Nutt Street Level with easy parking out the front door, the shop is discoverable from the highly trafficked Water Street and across from the Ballast Hotel and newly built Riverplace.
Current owner will transition and train on ordering process, vendors, systems, and merchandizing for up to 30 days.


Detailed Information

Location: Wilmington, NC
Real Estate:Leased
Building SF: N/A
Lease Expiration: 12/31/2023
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The toy and candy shop is located on the main parking lot level of the Cotton Exchange with plenty of parking for shoppers. The area is walkable with hotels and apartments surrounding the Cotton Exchange. The merchants association of The Cotton Exchange provides marketing of the complex driving locals and tourist to the destination. Restaurants that are part of the complex also bring business to the shops.
Competition: There is one other nostalgic candy shop in the area, that is a franchise. It does not offer toys. There is no toy store in the downtown Wilmington districts.
Growth & Expansion: Adding more toy selections with an educational theme. Adding an online presence.
Financing: Potential Buyer will be required to provide financials supporting ample cash liquidit
Support & Training: Owner will transition for an agreed upon time period.
Reason for Selling: To concentrate on other businesses