Business Overview:
This discount store is perfectly located for its customer base in southern New Jersey. It is also easily located for the general population of Philadelphia. With an owner on site, marketing for major holidays could be expanded to greatly increase sales. The store currently nets in excess of $400,000 and that could be greatly increased.
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:
This unique opportunity is located in a shopping center on a main highway. The store is 33,000 Sq. Ft. with a rent of $354,432. It has six years remaining on the lease with an option for ten additional years. There are eight sub-tenants that operate as a department within the store and provide a combined rent of $100,800. Support/Training: Sufficient training will be provided to run the business.
Market Competition and Expansion:
Competition: There is no direct competition to this business in the immediate area.
Growth and Expansion: The current owner operates the business absentee. As an owner operated business you would be able to find tune the offerings in the store and expand into departments that are under merchandised or do not exist today.
Reason for Selling:
Other business interests out of State.
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.