3527vm Essex County Dollar Store
Essex, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $164,000 |
$269,000 |
$62,260 |
Furniture and Fixtures Value:
$15,000 (included in the asking price)
Business Summary:
Here is a dollar retail store located in the right community for its specific type of business. Store always has customers, high traffic count. New owner can easily upgrade inventory to increase profit ratio, and carry store more into convenience category. Smart buyer with knowledge of this type of business can easily hit a grand slam here. Advertising, promotion and marketing can always bring in additional revenue. This store is successful even though it operates semi absentee with a full time owner operator sales would increase. If store were to impliment lottery an incrase would be noticed. Very easy store to operate.
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| Year
Business was Established: 2005 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
Very neat and orderly dollar store. Refridgerated cold drinks close to front door. Has large parking in rear of store. Excellent lease with very little increments. Store well maintained and neat. |
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| Potential
Growth/Expansion:
This specific store if it had on site owner operator can easily increase in volume and project. Inventory items can be upgraded as well as selling price, would have minimal effect on business. By elevationg specific goods sold profit levels can be drastically elevated. Owners have no time to give to the continuing flow of business as they leave it up to present employers. Fairly large store for area, can easily do more marketing, promotion, and advertising to draw in customers. Lottery can be added to increase traffic count and build volume also. |
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| Competition:
Several other competing stores in this well trafficted area. This store because of its key location has more traffic flow. Always custoemrs walking in and out. |
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| Owner
willing to finance:
Owner will finance $92,000 -payable within 3 yrs at negotiable rates of interest |
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| Owner
willing to train:
two weeks |
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| Reason for selling:
two owners both professional have no time to run |
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| REQUEST MORE INFO |
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