Retail - Apparel & Accessory Stores | Retail - Home Furniture & Furnishings

Asking Price	$299,000	Inventory	$200,000**
Gross Income	$501,000	Real Estate
Cash Flow	$140,000	Year Established	28
FF&E	$35,000*	Employees	2

* included in the asking price

** not included in the asking price

Started in mid-2008, this retail store has taken off satisfying a definite merchandising demand in the neighborhood. The strategy is an overstocked, home goods discount store in the middle of a low income demographic neighborhood. The demand is so high for the goods that sales are growing without any store signage. About 50 vendors provide everythong from personal care products to mattresses. The seller will assist the buyer in getting vendor credit and the seller will train the buyer.

Facilities: Retail first floor: 2,500 s.f. with 1,500 second floor used for storage

Competition: No other disconter in this low income neighborhod. Location is across the street from a Markt Basket supermarket and a Rite Aid pharmacy

Growth/Expansion: Expansion of lines to discoun, like cigarettes, and for traffic building, lottery tickets, can be added. Discount merchandise ields n average of 58% gross

Financing: Seller will consider 2nd for qualified buyer

Support/Training: Seller will train

Reason Selling: Relocation