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Business For Sale
INDEPENDENT DOLLAR STORE FOR SALE
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Asking Price: |
$95,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Dollar Stores
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Reason for Selling:
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Other interest |
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Year Established:
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2001 |
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# of Employees:
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1 |
Business for Sale Overview:
Open for 5 Years, this independent dollar store is located on a busy main street in a town that actively shops for bargain merchandise. The store includes 4,000 square feet of retail space, plus 900 square feet of storage space, and there is an additional 4,000 square feet available for expansion of the retail space. There is off-street parking for 200 to 300 cars. Rent is $8,000 per month with annual increases of 3%. The 5-year lease has 2 5-year options. The business is operated by a husband and wife team without employees 7 days per week. In the first 4 months of business, the gross sales were $42,000. Future sales can be grown with the addition of lottery and tobacco. Sales of snacks and beverages can be grown with the expansion of the retail space (clothing). This is an excellent opportunity as a family-operated business.
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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