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Discount General Merchandise Store For Sale

Fall River, Massachusetts (Bristol County)

Retail - General Merchandise Stores

$Seller Financing Available

Asking Price $74,995 Inventory $56,543** 
Gross Income $257,141 Real Estate $0** 
Cash Flow $50,000 Year Established 2004
FF&E $50,000* Employees 3

* included in the asking price

** not included in the asking price

This discount general merchandise store is a hit with the shoppers. Located in a shopping mall, this well-established business carries the products that its loyal customer base - which is approximately 75% female - want to purchase. The store has the following hours of operation: Mon - Sat: 9:00am - 9:00pm. Sunday: 10:00am - 6:00pm. There are no restrictions on the hours of operation - owner can stay open as many hours as s/he wants. The store carries the following items: pre-paid phone cards; cell phone accessories such as car chargers, home chargers and original equipment manufacturer (OEM) premium leather cases; Bluetooth hands-free; cell phone ear piece with wires; pre-paid cell phones; home cleaning products; wide variety of hand-dipped incense; aromatic burning oils and scented oils; limited harware supplies; party supplies; jewelry; health & beauty supplies; food items; housewares; toys; perfumes; birthday cards; beach fun toys; CD's and DVD's; and, items for baby. Cell phones and cell phone accessories are hot sellers. Christmas is the best shopping season where the store enjoys up to 40% margins on some items. The dollar store concept draws shopping traffic when once in the store, may purchase more desirable, higher priced items. Buyer can increase customer flow by increasing advertising.

Facilities: All store furniture, fixtures & equipment; a 16-camera store security system; and, all display cases. The store operates from a 3,000 sq. ft. leased space, with reasonable terms and conditions.

Competition: The business is located in a mall where there is constant auto and foot traffic. Due to the recent slight downturn in the national and local economies, this type of business is ideally positioned to take full advantage of this situation, by providing shoppers quality products at very reasonable prices. This is an ideal time to own a discount general merchandise store.

Growth/Expansion: The store already carries a wide variety of products that shoppers wnat and need. There is room in the store to add select new items; however, this store has an established customer base who seem happy with the existing product selection.

Seller Financing Available: Yes

Financing: Seller will consider financing a portion of the sale transaction.

Support/Training: Seller will provide buyer two weeks training at no additiional charge. A 50+ page Business Plan and a 50+ page Marketing Plan to accompany the sale of this business, prepared by Broker to increase dramatically buyer's potential for success.

Reason Selling: Seller wants to pursue other opportunities.

Business For Sale By

Roddy P. Starr, MBA

(508) 837-3876

Starr Business Services, Inc.

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