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Dollar Store

Morris, New Jersey

Asking Price: Gross: Cash Flow:
$189,000 $487,988 $73,314

Business Summary:
Well established franchised dollar store. Come be a part of this franchise that does 80% of the buying for all seasonal, holiday items for you. Less time spent ordering. Specializes in buying in close outs and liquidation. Protected territory rights. Recently added new gondolas and removed basket bins to form new aisle. Well stocked. Suited for a family or someone who has man power. Come expand along side of new owners of the Mall upside tremendous. All items are one dollar. Recession proof. High volume.

 
   
   
Year Business was Established: 1995
   
Number of Employees: 6  
   
Facilities / Terms of Lease: 3,850 sq. ft.; has a parking lot included. Added new aisle. 10,000 cash. Good condition. 8 year lease.  
   
Potential Growth/Expansion: Add lotto machine, cigarettes, and much more.  
   
Competition: Very few competition  
   
Owner willing to finance: 150,000 down; balance 39,000, payable in 3 years at prime + 1%.  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Owner wishes to retire.  

 

 

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