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General Retail

Monmouth County, New Jersey

Asking Price: Gross: Cash Flow:
$165,000 $216,000 Undisclosed

Inventory Value:
$120,000 (included in the asking price)

Business Summary:
Great profitable and established independent dollar store in one of the oldest towns in Monmouth County. The business is surrounded by complementary businesses and has the benefit of well established car/foot traffic on a highly traveled road with major anchors. This neat and well operated stand-alone store with a huge variety of products (from 99 cents and up). Plenty of parking, ample storage for deliveries and retention of seasonal items. The selling floor is bright and friendly- and brimming with fresh inventory. Items include party items greeting cards, paper goods, cleaning supplies, school supplies, plastic ware, bags, toys, balloons with and without licensed character and much more. There is no direct competition to this business in the immediate area. Inventory is presently valued at $120,000 and is included in the asking price. The staff is warm and friendly which brings in a strong repeat clientele. Owner will train buyer on all aspects of running the business including how to purchase wholesale, high quality merchandise through this wholesale distributor connections. The owner has spent considerable time finding and negotiating quality discount supplies. Has a close circuit surveillance system which can also be viewed from home. If you want to see the value in this store, a visit on any Saturday will convince you. “Cannot leave store without buying something”. Be your own Boss. Buy your own job and future. This business is ideal for Husband/ Wife or Family team. Store just applied for Lotto. Seller financing with only $125,000 down. For further information, please contact 908-851-9040 and ask to speak with Gene Reilly at Ext 293.

 
   
   
Year Business was Established: 2005
   
Facilities / Terms of Lease: Established independent dollar store. This business is surrounded by complementary businesses and has the benefit of well established car/foot traffic on a highly traveled road with major anchors. This neat and well operated stand-alone store with great visibility is 5,000sq.ft with 4,800 sq.ft basement and loaded with a huge variety of products (from 99 cents and up). Plenty of parking up to 40 cars, ample storage for deliveries and retention of seasonal items. 5 year lease with 5 year option.  
   
Potential Growth/Expansion: Just applied full lottery, could add cigarettes, ATM, food and milk etc  
   
Competition: There is no direct competition to this business in the immediate area.  
   
Owner willing to finance: 1% + prime for 3 years  
   
Owner willing to train: Owner will train buyer on all aspects of running the business including how to purchase wholesale, high quality merchandise through his wholesale distributor connections. The owner has spent considerable time finding and negotiating quality discount suppl  
   
Reason for selling: Other business interest  
 

 

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