Profitable Dollar Store W/ the Best Prices In Town

Passaic, NJ
Passaic County


Asking Price: Annual Revenue:
$169,000 $530,758

Retail: Dollar Stores


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RE: Profitable Dollar Store W/ the Best Prices In Town Broker: Seth Kain
Owner Financing is Available!
The owner would consider a minimal amount of financing for a qualified buyer. It’s difficult to provide a high percentage of financing sine $100,000 of inventory is included.
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Quick Facts

Asking Price: $169,000
Annual Revenue: $530,758
Net Profit: Not Disclosed
Cash Flow: $80,832
Total Debt: Not Disclosed
FF&E: $17,500
Real Estate: Not Disclosed
Year Established: 10
Employees: 5
BBN Listing #: 76382979
Broker Reference #: 6150SK

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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.

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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.

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