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Business For Sale

RETAIL BARGAIN STORE

Attn: Bill Busche
Not Disclosed, MD, USA
Listing Number: "41111"
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Asking Price: $980,000 USD USA Dollars
Business for Sale Industry: Retail: Dollar Stores  
Reason for Selling: Retirement
Year Established: 1994
# of Employees: 8
Yearly Revenues: $919,911
Yearly EBITDA: $69,844
 

Business for Sale Overview:

This bargain store in the Baltimore, MD, has strong profitability and is thriving. The store offers quality merchandise, such as seasonal decorations, household goods and baby items. With 12 years in the area, the business has deep ties to the community and enjoys unprecedented customer loyalty. It stands out from its competitors for its good customer service, quality merchandise and reasonable prices. Several of the hard-working employees have been with the business for years. The business is located in a 3,950-sq-ft store on a city street with numerous other thriving stores. The building is attractive, and customers have ample parking in a nearby city lot. The street is a destination point for shoppers and tourists. The city recently invested millions of dollars in making it and the storefronts even more attractive. This shopping area is very close to John Hopkins University and John Hopkins Hospital, which bring a large amount of jobs and wealth into the area. Baltimore has a population well over 650,000, according to the 2000 census, and a high amount of tourism. It is home to a professional football team and a professional baseball team. The city has an international airport, numerous museums, a zoo, an aquarium, fine dinning, an abundance of shopping and several historic sites. The owner might be willing to stay on for up to 30 days after the business sale to facilitate a smooth transition.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for 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.

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