Business Overview:
This dollar store is in a busy shopping center. Established 9 years. Sales for phone cards average $1,200 per day. Busiest dollar store in Northern Virginia. Truly a bargain price at less than two times net. Possible financing for qualified buyer. Semi absentee owner. Inventory is an additional $100,000. Get in before the Christmas rush. More and more people are buying in dollar stores today because of the recession. The owner has an additional store for sale at $200,000 plus $100,000 inventory. Only one store will be sold.
Rent was reduced by $1000 on July 1 with a new 3 year lease addendum just obtained.
2008 tax return available.
UNDER CONTRACT. Expected to go to settlement by March 1, 2010. If you send a request, I will not get back to you unless some last minute problem prevents the sale.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Busiest dollar store in Northern Virginia.
Rent was reduced on July 1.
Market Competition and Expansion:
More and more people are buying in dollar stores today. Get in before the Christmas rush.
Reason for Selling:
too many stores
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.