Turnkey Discount Home Outlet- Growth Potential

Asking Price$398,000

Cash Flow
$575,917
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$902,198

Inventory$200,000
Included in asking price
FF&E$5,000
Included in asking price
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Turnkey Discount Home Outlet- Growth Potential


Asking Price$398,000

Cash Flow
$575,917
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$902,198

Inventory$200,000
Included in asking price
FF&E$5,000
Included in asking price
Business Description
Excellent business opportunity in a prime retail area of Hempstead! High-visibility storefront with steady neighborhood traffic, a loyal customer base, and strong daily customer flow. Spacious retail area with an ample parking lot. The business specializes in a wide range of discount home-improvement and household items, including tools, chargers, vacuums, ladders, lamps, heaters, humidifiers, fans, air conditioners, refrigerators, furniture, lighting, holiday décor, and essential hardware supplies. Perfect for an owner-user or investor looking to operate or expand a general merchandise, hardware, or appliance business in a thriving commercial area.
About the Business
Employees
3 (2 Full-time, 1 Part-time)
Franchise
This business is an established franchise
Facilities & Assets
The sale includes approximately $250,000 worth of in-store merchandise, a front desk/cashier machine, and recently renovated facilities (completed 6 months ago). The premises offer 25 parking spaces and a half bathroom for staff and customers. The package also includes the established business brand, 15 social media community groups that can be seamlessly transferred to the new owner, providing immediate customer reach and marketing channels. Current lease runs through April 2030 with favorable terms, including a 5 + 5 year renewal option.
Website
https://abchome.online/
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
9,408
Rent
$9,408.00 per month
Lease Expiration
4/5/2030
About the Sale
Transition Support
we can do one to one training
Listing Info
ID
2422602
Listing Views
192
Business Location

Contact Seller

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Business Listed by: Kit Leung

Listing ID: 2422602 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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