Discount Store for Sale – Low Rent, Flexible Use

Asking Price: $35,000

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Discount Store for Sale – Low Rent, Flexible Use


Asking Price: $35,000

Asset Sale Description
The store currently sells affordable merchandise, including low-priced clothing, T-shirts, shorts, household goods, laundry detergent, and other everyday items. Its primary customers are local residents and people who frequent the surrounding neighborhood.

There is a coin laundromat nearby, and some laundromat customers stop by this store to purchase detergent and household products at lower prices than those sold at the laundromat. There is also steady local demand for inexpensive, practical clothing such as T-shirts and shorts. A new buyer may have an opportunity to increase sales by expanding and diversifying the current product selection.

The store currently generates approximately $11,000–$14,000 in monthly gross sales. The current owner opened the business in April 2024 and is selling due to retirement.

A new buyer may continue operating the business as a Discount Store and add more clothing, household goods, detergents, accessories, and other affordable merchandise. Alternatively, subject to landlord approval and applicable permits, the buyer may also consider converting the space to another retail concept.

The current rent is $2,400 Base Rent plus $1,078 CAM, for a total monthly rent of $3,478. There is currently no automatic annual rent increase during the remaining lease term.

The current lease expires in April 2027, and a new buyer may negotiate a new lease directly with the landlord. The Security Deposit is equal to three months’ rent.

*Business Type: Discount Store / Retail
*Monthly Gross Sales: Approximately $11,000–$14,000
*Base Rent: $2,400
*CAM: $1,078
*Total Monthly Rent: $3,478
*Current Lease Expiration: April 2027
*New Buyer: May negotiate a new lease with the landlord
*Security Deposit: 3 months’ rent
*Business Opened: April 2024
*Reason for Sale: Retirement

This business may be a good opportunity for a buyer who wants to take over the existing operation and grow the business by expanding the product selection, or for someone looking for a small retail space in a good location to operate a different retail concept.

All inventory is included in the asking price.
About the Sale
Seller Motivation
Retirement
Financing
Full cash
Listing Info
ID
2545022
Listing Views

Listing ID: 2545022 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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