Brand New: Discount General Merchandise Store

Glen Allen, VA
Henrico County

Asking Price: Annual Revenue:
$15,000 $100,000

Retail: General Merchandise - Retail

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RE: Brand New: Discount General Merchandise Store Broker: Trent Lee
Owner Financing is Available!
$20,000 down payment and SCN for 24 months at 6%

Quick Facts

Asking Price: $15,000
Annual Revenue: $100,000
Net Profit: $20,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: Not Disclosed
BBN Listing #: 59045142
Broker Reference #: 101-16124

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Business Overview:

This is a brand new constructed discount general retail store. Wait until you see the pictures, the build out, design and layout are amazing! Seller just opened a few months ago and now has a serious health issue that is forcing him to sell. The build out, inventory, design and construction would cost you over $100,000 but the seller is giving this place away in order to take care of his health concern. The location was designed with the help of DRSS (Discount Retail Store Services) and the membership fee for their ongoing training, consulting and help is already paid and is transferable to a new buyer. This will be a very valuable resource for the new buyer as they are the leading consulting and operational source in this space and will be included in your purchase price. For more information including a detailed confidential opportunity summary with financial information and photos, please email listing agent Trent Lee or use email reply button of this ad to contact us.

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Property Features and Assets:

This is a leased location of 2,500 square feet with a Total Rent of $5,458. Lease ends 08/2024 with a one 5 year lease options. Seller is active in the business. Hours of operation are 11:00 AM to 8:00 PM and 12:00 PM to 6:00 PM, Monday - Sunday. $50,000 in Inventory and $25,000 in FF&E included in Asking Price. $50,000 made in Leasehold Improvements.

Reason for Selling:

Serious health issues.

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.

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