Business Overview:
Huge nicely-renovated Dollar Store in a very busy strip mall. Plenty of foot traffic & plenty of parking out front. It's in an attractive & a very safe neighborhood. Owner has a health issue prompting the sale. Big storage room, with cameras and 2 monitors. Store has an extensive collection of balloons & party supplies for weddings, engagement, graduation & other parties. The same for all the different festive holiday's, ie. Halloween. They carry many household products, greeting cards, drinks & snacks, school supplies, etc. FURNITURE, FIXTURES, & EQUIPMENT of $17,500 & $100,000 in Inventory included in sale. New qualified tenant can get a good long term lease situation like the owners. Contact Seth Kain or email us for additional details & showing.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
2,997 square feet. Free strip mall parking. “All” furniture, fixtures & equipment are in very god condition & are included in sale. Owner has 5 years left on a 10 year lease along with a 5 year option. A new tenant can try to re-negotiable more favorable lease terms or get a lease assignment.
Market Competition and Expansion:
This is the one and only dollar store in the entire town. There is only dollar store in each of these 3 neighboring towns. But, their average prices are considerably higher. Every single item is priced at exactly $1.00 at this store. A new owner cannot get a lottery machine based on the franchise agreement. It’d be advantageous to bring in an ATM machine. The owner researched bringing in some type of “bill day” service. But, they determined there’s too much area competition for it.
Reason for Selling:
The owner has a health issue.
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.
Relevant Links: