This acquisition opportunity is a multiple location retailer of discounted merchandise with a quality system in place for sourcing product. From its inception this business has been known for offering quality name-brand merchandise at a reduced price compared to most other big-box retailers in their market. The stores carry a diverse range of items that include men’s, women’s and children’s clothing (with shoes and apparel often 50% off or more), dry groceries and beverages, furniture, household goods, décor, sporting goods and more. Most items are discounted at 10%-50% or more off the MSR list pricing charged by most of the competition, with shipments of new inventory refreshed daily. The business model offers all shoppers a unique treasure-hunt-style shopping experience with an ever-changing variety of merchandise cycled in & out throughout the year. The business emphasizes savings on everyday items and home essentials with the sales allocated: Clothing – 22%, Shoes – 10%, Food – 10%, Furniture - 8%, and a large diverse general category of miscellaneous items that constitutes the remaining 60% that is made up of seasonal items, home improvement, health & beauty, appliances, and housewares. The average inventory turns approximately 8X per year.

The business purchases merchandise everyday Monday - Friday of each week creating a constant stream of new product for customers. The business concept is duplicatable and highly scalable with no constraints on the resale of any inventory.

The company supports three strategically placed retail warehouse locations.

The Seller is involved in daily merchandise purchases, social media design & ad placements, and general oversight that includes most facets of the business, working approximately 20 hours per week (during golf season) and up to 35 hours per week during the rest of the year. The business also has a total of 26 other hourly employees that work between the three warehouse locations, of which 3 are store managers who are paid approximately $40 p/hr. with the other 21 employees working between the stores in various capacities earning between $19-$22 p/hr. The Sellers fully expect all current staff to resume employment with new ownership post-sale. This sale is motivated by the Seller’s desire to retire.