99Discount store $300K Inventory Included in Sale

Shoreline, WA
King County

Very high traffic Metro area


Asking Price: Annual Revenue:
$396,000 $235,200

Retail: General Merchandise - Retail


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RE: 99Discount store $300K Inventory Included in Sale Broker: OBecky Smith
Owner Financing is Available!
50% down strictly a case by case basis

Quick Facts

Asking Price: $396,000
Annual Revenue: $235,200
Net Profit: $60,000
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $8,500
Real Estate: Not Disclosed
Year Established: 1997
Employees: 1
BBN Listing #: 436951531
Broker Reference #: discshor

Email or Print Listing

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Business Overview:

Established and turnkey discount store. The seller is willing to include $300,000 or more worth of inventory in this purchase price. So the business price will actually be well under a $100,000…

Everything is sold here everything from beer and wine to cigarettes to vape supplies to clothes, snacks and dollar items. Too many and too varied to list all types of items sold here.

Dollar stores, convenient stores, mini marts and grocery stores are common to all ethnic groups, and cross ethnic boundaries everybody is looking for a good deal on stuff. And everybody needs to shop, this kind of business has will always be around. Despite the economic situation. This is a high cash business.

This is not a franchise which allows you to modify the inventory to better fit what you want to focus on selling. Super high traffic location, this is on the busiest street in town with a constant flow of slow-moving traffic literally just a few feet from your front door 24/7. (that means you don’t have to worry about your customer base) it will be there all the time.

People constantly coming in looking for this or for that and it is nonstop. There also is a walk-in customer base too. Current owner has been here selling these this and the that’s since 1997. So almost 25 years that’s a pretty good indication that he must have been making money here.

The store inventory here a lot bigger and more varied than you might expect. Currently seller does no marketing or advertising, no social media presence and has no website even. So there is some /many sales dollars are being missed out on.

Just adding a website and or social media presence to this type of business would pay big dividends, it would give new owner the ability to reach well outside the storefront to make additional sales as customers could order online, thus giving you the ability to have even a greater inventory of stuff to sell. (you will not limited by the size of this store for your sellable goods)

The website and social media presence would also give you the ability to offer specials and promotions. With this high traffic location, you could even focus on ethnic or specialty store type stuff. There is free parking and easy in and out access for your customers. Opens daily at 12 PM so NO early work mornings and closes at 8 PM so NO late work evenings.

If you want to get into the mini mart, dollar store type business this dollar store makes lots of cents!!! Give us call to find out more about this stuff.

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Property Features and Assets:

The monthly lease is only $2,000 a month. The current lease expires in 2026. The square footage is 1500. Good signage and visibility from the street. All the equipment to include all the refrigeration coolers are owned by the seller and included in the sale price. There is no debt or liens. Seller willing to include over $300K in inventory in the purchase price. (Actual inventory included in sale might be closer to a $350,000 value)

Market Competition and Expansion:

Currently seller does no marketing or advertising, no social media presence and has no website even. So there is many sales dollars that are being missed out on. Just adding a website and or social media presence to this type of business would pay big dividends, it would give new owner the ability to reach well outside the storefront to make additional sales as customers could order online, thus giving you the ability to have even a greater inventory of stuff to sell. The website and social media presence would also give you the ability to offer specials and promotions. With this high traffic location, you could even focus on ethnic or specialty store type stuff. Seller willing to train buyer in all aspects of business to include how and who to order products from, pricing, best-selling items etc..

Reason for Selling:

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 a franchise resale opportunity.

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