Thriving Discount Retail / Amazon Bin Store in Albany New York

Asking Price$165,000

Cash Flow
$84,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,494

Inventory$110,000
Included in asking price
FF&E$35,000
Included in asking price
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Thriving Discount Retail / Amazon Bin Store in Albany New York


Asking Price$165,000

Cash Flow
$84,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,494

Inventory$110,000
Included in asking price
FF&E$35,000
Included in asking price
Business Description
Primo Deals is a thriving Discount Retail and Amazon Bin Store located in a prime Albany shopping plaza. Open since 2023, the store quickly became a local favorite by offering deep discounts on various goods to the community. The front of the store offers a wide range of products, including: high end electronics, shoes, books, clothes, housewares, and more. The warehouse portion of the store is an Amazon Bin Store with bins holding mostly Amazon products. The store has something for everyone.

In August 2024, the introduction of the Amazon Bin Store section transformed the business, driving explosive growth in both customer traffic and sales. In May 2025, Primo Deals was featured on the Times Union (front page online and Sunday front page Business in print), which described it as: “Bin stores: The rise of the thrill-driven treasure hunt in retail.” Article is attached at bottom of this listing.

Customer demand is undeniable:
- 50 to 75 people line up before opening on Saturdays
- 15 to 25 people line up on other days
- 3,000+ Facebook followers, 1,500+ Instagram followers
- 145 Google Reviews with a 4.9/5 rating

Highlights:
- Turnkey operation with EVERYTHING included to continue business immediately
- High-traffic, robust and growing customer base
- Flexible format – continue current liquidation/discount model or adapt to other retail concepts
- Current owner will provide training, consultation, and supplier introductions to ensure a smooth transition
- Significant growth potential through extended hours, expanded social media marketing, expanding bin store, and integration of e-commerce (eBay, etc.)

The owner is selling due to other business commitments requiring more time and travel, but is committed to helping the next owner succeed.

Primo Deals is not just a store—it’s a thriving community favorite with endless potential for growth.
About the Business
Years in Operation
2
Number of Employees
8
Facilities & Assets
The business is in a prime, high-traffic plaza with ample parking and a favorable lease that includes a 3-year renewal option. The space features a prominent storefront, 2 loading docks, warehouse, retail area, office, bathrooms, and break room. Included assets: retail shelving, bins, sales counter, 2 glass display cases, 2 pallet jacks, Clover POS system (3 terminals, 2 cash drawers), security system (6 cameras), 40 shopping carts, signage, digital open sign, and active Facebook/Instagram accounts.
Website
https://www.primodeals.store
Market Outlook / Competition
This business operates in a niche market with no direct competition in Albany, NY. As a unique discount retail concept featuring an Amazon Bin Store, the business has seen consistent month-over-month growth in both revenue and customer base. Demand is strong: 50 to 75 customers line up before opening on Saturdays, with 15 to 30 on other days.. With a growing social media presence—3,000+ Facebook followers and 1,500+ Instagram followers—continues to drive engagement and traffic. The store is thriving and primed for substantial, additional growth.
Opportunities for Growth
There's significant untapped potential in this business. Currently limited by part-time operations, extending store hours into the evening would result in immediate revenue growth. Targeted marketing—especially through social media aimed at the Capital Region—could quickly expand the customer base. With proper time and attention, the store could easily double its current revenue. Adding eBay as a sales channel and utilizing unused warehouse space to increase bin capacity would also lead to instant, scalable sales increases.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
8,400
Rent
$7,700.00 per month
Lease Expiration
12/1/2026
About the Sale
Seller Motivation
Other business is requiring more frequent and long periods of travel.
Transition Support
The current owner is committed to ensuring a smooth transition and will provide comprehensive, hands-on training covering all aspects of daily operations, inventory management, and customer service. In addition, the new owner will be connected with trusted suppliers and key industry contacts to continue sourcing high-quality liquidation inventory.
Listing Info
ID
2408906
Listing Views
0
Attached DocumentsAttachment Disclaimer

Bin stores: The rise of the thrill-driven treasure hunt in retail.pdf

Business Location

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Business Listed by: Brian

Listing ID: 2408906 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.