Discount Dollar Store - 19254 Business Type: apparel and accessory store,convenience store,general merchandise store,misc. retail/non-classifiable,card shop/stationery store,misc. service/non-classifiable
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.
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