MergerPlace

Dollar Store in East Broward

Florida (Broward)


  • Asking Price: $65,000
  • Gross Income: $120,136
  • Cash Flow: $33,968
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $9,500
  • Listing ID: #202553
  • Established: 2015
  • Employees: 1 FT/1 PT

Business Description

This easily distinguishable independent dollar store has been established for 2 years with same current owner. Its multiple revenue stream consists of selling groceries, household items, lotto, ATM, etc. Steady growth in sales by supplying local residents, neighboring businesses and shops. Excellent books and records. Add fruit & vegetables, sandwiches and money orders or check cashing & the sales can go through the roof. Could stay open later as owner doesn't want to work late. Business started in August of 2015, turned a healthy profit during 2016 and the sales are way up in 2017. May qualify for a Visa!


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida
County: Broward

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT/1 PT

Financial Information

Asking Price: $65,000
Gross Revenue: $120,136
Cash Flow: $33,968
FF&E: $9,500
Inventory: $20,000
Seller Financing Available: No

Property Information

Facilities:

1,863 sq ft of front store space in a beautiful and newly renovated strip plaza situated on a major county road. The plaza has plenty of parking and approximately 75,000 cars pass that road every day. Low rent, friendly neighbors and landlord.

Growth & expansion opportunities:

This independent dollar store has a very distinctive look, it's clean inside and out and boasts a strong customer following. Customers love shopping here. Great potential for growth as there are no dollar store in the general vicinity.

Competition:

The Company began business in August 2015, so this year is a partial year and sales reflect that. It started making money the first day it opened.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost. No special skills required to run this store. Seller will train for two weeks and will introduce buyer to vendors and repeat customers. Buyer has to obtain the occupational license from the city and get their own lottery license from the state as guided by the seller.

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Business Listed By:

Anton Joro

Murphy Business Brokers