Dollar Store / $.99 Nets $300k

Not Disclosed, NJ
Union County

Highly active commercial Mall

Asking Price: Annual Revenue:
$550,000 $1,779,715

Retail: Dollar Stores

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RE: Dollar Store / $.99 Nets $300k Broker: Customer Service

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,779,715
Net Profit: $316,062
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $175,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 9
BBN Listing #: 47733909
Broker Reference #: RETL449

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Business Overview:

Recently available for this high-volume Dollar ($.99) retail operation in a major New Jersey mall serving millions of active customers yearly. The company has an average gross income of $1,778,000 and will evidence a net yearly income of $300,000 plus discretionary income. This is a phenomenally successful retail company with competitive prices on a wide assortment of items, including cleaning supplies, discount groceries, and seasonal items and toys, etc. Their customers receive great deals on kitchen essentials, laundry supplies, and food and beverages, including various specials. This is a unique safe business opportunity and based on the price, yearly net income, this business expects to supply a consistent return on investment to the owner operator. For Qualifications purposes; this business opportunity does not require any specific government licensing approval to purchase or operate other than the standard required municipal licenses.

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Property Features and Assets:

This business opportunity is in north New Jersey, Union County on a highly active state highway and in a huge commercial mall. The mall consists of dozens of national retail companies. This business facility consists of 10,500 square feet with an attractive modern appearance with a private entrance.

Market Competition and Expansion:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

Owner retiring.

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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