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Retail franchise operating in North Central Iowa. The business sells overstock, damaged items, end-of-lot items, and returns/open-box products at declining daily prices through a business model that creates a treasure-hunt shopping experience. Customers line up for new inventory drops driven by FOMO (fear of missing out). The store has built a loyal following of approximately 7,000 social media followers and operates as a destination, not a convenience stop. Approximately 80% of revenue comes from entertainment/treasure-hunt shoppers and 20% from resellers who purchase inventory to flip on eBay, Facebook Marketplace, and similar platforms. The business is turnkey with established vendor relationships managed through the franchise system.
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Ideal opportunity for both 1st time buyers and experienced small business owners, offering a manageable operation that can be run by just a few employees. Store currently includes well trained employees, providing stability and support from day one. As a long loved destination, keeping this location open has preserved a community favorite with a strong, loyal customer base. Taking over an established, fully operating business offers a smoother, less complicated transition than starting from scratch, with built in clientele, a solid reputation, and clear avenues for growth. This store has untapped potential for the next owner to capture. Seller is very motivated and willing to consider all reasonable offers.
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