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This Business has been Sold!
Closing Date: 01/30/2013
Broker: Jim Aloi

Business for Sale Summary

Discount Dollar Store - 19254

Business Type: retailing businesses,apparel and accessory store,convenience store,general merchandise store,misc. retail/non-classifiable,card shop/stationery store,service businesses,misc. servicel/non-classifiable,special situations,best deals!,new to market
Sold
Discount Dollar Store
On January 30th 2013, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $210,000 Down Payment $150,000
Gross Revenues $435,000 Lease Remaining Register Free to View
Owner’s Cash Flow $79,290 Number of FT Employees Register Free to View

Financing

$150,000 Down and $60K FOR 3 YEARS AT 7%

Business Description

Very profitable niche Long Island discount, dollar and up store also sells cards and party supplies is located in a large shopping center with major tenants. Best location with heavy foot traffic . The store is 2500 feet and has a long lease. The parking is unlimited. Seller will train the buyer and the full staff will remain working. They also have outside storage area. This store is also equipped with an advanced color security camera system which is included. The store includes over $85k in inventory and fixtures. They sell seasonal items, back to school items, party goods, balloons, house hold items, greeting cards, and much more. Contact broker Jim Aloi!. This store runs 80 percent absentee and has been around for several years! Seller is semi retiring after 40 years in business and will offer support and training great store great location great terms must see...

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.