Queen Dollar Discount Store

Miami, FL (Miami-Dade County)

Queen Dollar Discount Store

Asking Price:$75,000

Cash Flow:$74,000

Gross Revenue:$360,000

EBITDA:$26,500

FF&E:$15,000

Inventory:$25,000*

Established:13

*not included in asking price.

Queen Dollar Discount Store

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Business Description

13 Years same owner Dollar Discount Store For Sale, perfectly located on Calle 8th, five blocks from Downtown Miami are, in the busiest commercial zone from Little Havana, where thousands of worldwide tourist pedestrian walking along the year, better place for affordable lease space is not possible in Miami. Store pays only $2,240 monthly lease gross rent (everything included) and 3 years left in current contract, but new owner may get an extended 5 years lease contract. Store produces $36,000 average monthly gross sale, and from there $4,000 belong to lottery. Store Improvement is a fact, because there are not products EBT for sale in the store, neither Western Union service is offered, nor utility bill payments.

Detailed Information

Inventory:
Not included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Iconic Calle 8th on Little Havana Dollar Discount with low monthly rent a few blocks from Downtown and more than 13 years with current owner
Competition:
Even it is present along Calle 8th, it is a well long established business with customer awareness
Growth & Expansion:
Once included EBT, Western Union & Bill Pyments, gross sale will skyrocket.
Support & Training:
Upon request.
Reason for Selling:
Seller is moving to other kind of business
Business Website:
http://www.crelisting.net/T5E8Q244w

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Hector Yusti

Business Listed By:
Hector Yusti

Keyes Commercial

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