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This Business has been Sold!
Closing Date: 11/08/2015
Broker: Jim Aloi

Business for Sale Summary

Dollar Discount Store - 24315

Business Type: convenience store,card shop/stationery store,general merchandise store,misc. retail/non-classifiable,best deals!,new to market
Sold
Dollar Discount Store
On November 8th 2015, 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 $55,000 Down Payment $55,000
Gross Revenues $368,000 Lease Remaining Register Free to View
Owner’s Cash Flow $109,332 Number of FT Employees Register Free to View

Financing

$55,000 Down and TBD

Business Description

Very profitable, Suffolk Discount Dollar store. Seller is 70 percent absentee. Located in a shopping strip with several stores. This 3000 sq feet store is only paying $3k rent monthly with a 5 year lease and another 5 year option. Lots of parking available. A buyer who is hands on, adds more inventory, advertises, and promotes more will do much better. Buyer may be able to add lottery or quick draw. Great area to add more pet and party supplies,caned foods, housewares & hardware items Priced to sell as busy seller has other interests. This store has a large storage area and office. Price includes all inventory! This large store has tons of possibilities. Easy, simple store to run. Contact broker Jim Aloi.

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.

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.