Discount Retail Store for Sale
(ID# 948)
(Seller Ref# L1028)
Financials
| Asking Price: |
$225,000 |
| Sales Revenue: |
$664,000 |
| Net Profit: |
$75,000 |
Furniture, Fixtures
& Equipment: |
$50,000
(included in asking price) |
| Stock: |
$140,000
|
|
|
Business Summary
|
Established retailer in good traffic location. The business was relocated a few years ago and now has found a retail location that seems to work very well. Steady business, all cash sales with no receivables to collect. Store equipment, water system, and extensive inventory are all included in the sale. Plenty of parking in and around the store. Vendor will stay on for at least a month to train the purchaser on the finer points of operating the store, selecting and purchasing products, and how to stock the shelves effectively. Store is attractive looking and well organized, complete with large retail floor area, office, receiving bay and storage room. Owner is looking forward to retirement fairly soon.
|
General Information
| Employees: |
08 |
| Year Established: |
2000 |
| Trading Hours: |
varies |
| Franchise Opportunity: |
Yes |
| Franchise Terms: |
10 year franchise agreement. |
Property/Location
| Real Estate: |
Lease |
| Location: |
High traffic strip mall. |
Other Information
| Training Support: |
Adequate training will be provided by owner and there is required training by franchisor. |
| Market Outlook: |
Fewer discount stores today than years ago. Location is key to success. |
| Reason Selling: |
Owner retiring and relocating. |
