Profitable Dollar Store in a high Traffic Town!
Bergen County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $169,000 |
$535,761 |
$83,049 |
Furniture and Fixtures Value:
$15,000 (included in the asking price)
Inventory Value:
$100,000 (included in the asking price)
Business Summary:
Huge nicely-renovated Dollar Store in a very busy strip mall. Plenty of foot traffic & plenty of parking out front. It's in an attractive & a very safe neighborhood. Owner has a health issue prompting the sale. Big storage room, with cameras and 2 monitors. Store has an extensive collection of balloons & party supplies for weddings, engagement, graduation & other parties. Same for all the different festive holiday's, ie. Halloween. They carry many household products, greeting cards, drinks & snacks, school supplies, etc. FURNITURE, FIXTURES, & EQUIPMENT of $15,000 & $100k in Inventory included in sale. New qualified tenant can get a good long term lease situation like the owners. Contact Seth Kain @ 201-317-4710 for additional details & showing.
|
|
| |
|
| |
|
| Year
Business was Established: 12 |
| |
|
| Number of Employees:
1 F/T 2 P/T |
|
| |
|
| Facilities / Terms of Lease:
2,786 square feet. Free strip mall parking. “All” furniture, fixtures & equipment are in very god condition. Owner has 7 years left on a 10 year lease along with a 5 year option. A new tenant can try to re-negotiable more favorable lease terms or get a lease assignment. |
|
| |
|
| Potential
Growth/Expansion:
A new owner cannot get a lottery machine based on the franchise agreement. It’d be advantageous to bring in an ATM machine. The owner researched bringing in some type of “bill day” service. But, they determined there’s too much area competition for it. |
|
| |
|
| Competition:
This is the one and only dollar store in the entire town. There are a few scattered solar stores in a 3 nearby towns. But, their average prices are considerable higher. Every single item is priced at exactly $1.00 at this store. |
|
| |
|
| Owner
willing to finance:
The owner would consider a minimal amount of financing for a qualified buyer. It’s difficult to provide a high percentage of financing sine $100,000 of inventory is included. |
|
| |
|
| Owner
willing to train:
2 weeks corporate training. Owner will also provide training from 9am-3pm Monday-Friday, for 1 week. |
|
| |
|
| Reason for selling:
The owner has a health issue. |
|
|
|
| REQUEST MORE INFO |
 |
|
