Independent Dollar Plus Store Located in Downtown Area!

Contact Seller
Independent Dollar Plus Store Located in Downtown Area!
Asking Price:
$119,000

Gross Revenue:
$71,235
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$62,523
included in asking price

FF&E:
$81,255
included in asking price

Share this business:

Business Description

This independent Dollar Plus Store has been established for over 2.5 years with the current owner. Because it is not a franchise there is no transfer fee involved with a purchase. Its multiple revenue stream consists of selling groceries, household items, lotto, ATM, etc. Steady growth in sales by supplying local residents, neighboring businesses and shops in the downtown area. Owner has kept accurate books and records. Business started in November of 2015. May qualify for E2 Visa status.

This particular industry comprises establishments primarily engaged in retailing new goods in general merchandise stores (except department stores, warehouse clubs, superstores, and supercenters). These establishments retail a general line of new merchandise, such as apparel, automotive parts, dry goods, hardware, groceries, housewares or home furnishings, and other lines in limited amounts, with none of the lines predominating. Owner is seeking a quick offer for this strategically located Dollar Plus Store that has a lot of potential for the right owner/operator based on its prime location in the downtown area of El Paso, TX.

NOTICE:
* Gross Revenue shown is for the 12 month period between 04/01/2017 and 03/31/2018 as reported by the seller.
* Inventory and FF&E shown are approximate as reported by the seller.
* All information, data, financials, valuations, appraisals, etc. must be verified by both the seller's and buyer’s own professional advisors.
* Potential buyers should always verify all information with the seller and their own independent advisors before putting any money at risk.
* Non-Disclosure Agreement (NDA) is required. The seller’s financial data is confidential and will only be disclosed to qualified buyers with a signed NDA in place. Please contact us for the required NDA form to read and sign.

About the Business

Year Established:
2015
Number of Employees:
3
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
5,400
Lease Amount/Mo.:
$3,642.00
Lease Expiration:
11/30/2020
Facilities:
5,400 square foot store that's fairly new. List of Furniture, Fixtures & Equipment available on request.
Website:
www.tworld.com/locations/collegestation/
Market Outlook/
Competition:
* With the increase in competition, profit margins must be looked into carefully.
* Sells easily, as mom-and-pops types are moving in, and it's day hours only.
* Very competitive market as more diversification and the astute marketers are moving to the $1 to $5 price spread.
Growth & Expansion:
* There seems to be a downward pressure on profitability, but dollar stores in general are expanding into higher priced and higher margin items.
* The industry model keeps labor costs low.
* Not too difficult to replicate, resulting in easy entry for new owners.
* Needs a large amount of inventory; thus, the larger the store, the better the variety and the sales.
* Easy replication results in low entry barriers/costs for competitors, resulting in a possible squeeze in profit margins down the road for established owners.
* Very easy to operate; mom-and-pop operators are moving in at great speed; mostly an all cash business.
Contact the Seller

About the Sale

Reason For Selling:
Seller is moving.
Training/Support:
Seller will train Buyer for 2 weeks at no cost. No special skills are required to run this store. Seller will introduce Buyer to vendors and repeat customers and will also train Buyer on the automated system for monitoring and ordering inventory, etc.
Seller Financing:
Will finance at 50% down, with remainder paid off monthly over 5 years at 4% int.

Listing Info

ID:
1526563
Ad Detail Views:
786

Attached Files Attachment Disclaimer

  BRG Dollar Store Pricing Valuati... (80 KB)
Download



Contact the Seller
$
months
Please confirm you're not a robot
Contact the Seller
Business Listed by

Larry Fry, MBA

Transworld Business Advisors at College Station

 Show Phone Number

View My 20 Active Listings
Memberships:
U.S. Census Data for El Paso County, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for El Paso County, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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 & Conditions.
;