The Internet's Largest Business for Sale Marketplace

The Wall Street Journal Online

Successful Turn Key Dollar Store with High Sales

Glen Burnie, Maryland (Anne Arundel County)

Retail - General Merchandise Stores | Retail - Miscellaneous Retail

Asking Price $199,900 Inventory $110,000** 
Gross Income $420,000 Real Estate  
Cash Flow $100,000 Year Established 2005
FF&E $20,000* Employees 2-3

* included in the asking price

** not included in the asking price

Highly visible and very successful turn key Dollar Store with a four year track record of high sales and high net profit for owner/operator. Located in a fully leased and very busy strip center and directly across a busy highway from an additional large and fully leased shopping center. Tons of parking and great foot traffic. All the benefits of a large franchise without the royalties and franchise fees! Excellent lease for this type of business. It includes 6,000 square feet of retail space for only $5,950 per month, including rent and CAM. Lease has five years remaining with one 10 year option.

Facilities: This is a great location anchored by a major governmental agency with tremendous foot traffic literally right next door! Also in the strip shopping center are a karate school (with tons of moms and dads), a Laundromat (with customers looking for something to do), tax services, national food franchises, dry cleaners and other food establishments. Tons of parking and great foot traffic. Directly across the street are additional national retailers and foot and car traffic. This facility is only 4 years old. We have negotiated a competitive 10 year lease.

Competition: This is a unique store that offers dollar items as well as other products of greater value. This store also sells a large variety of other items, including MoneyGrams, prepaid phone cards, key cutting, buying gold, helium balloons and many food, drink and snack items. The current owners carry a large variety and depth of inventory, much greater than other dollar stores of this size. For all of these reasons, there is no real direct competition that sells the variety of merchandise that this store offers.

Growth/Expansion: Growth is unlimited. Tons of options for expansion of products or services that tie into a Dollar Store theme. Because you re not a franchise, you are not tied to any one vendor and you don t pay more money to other people as you grow the business! You can add lottery to the location, expand the food and drink offered (plenty of walk-in business looking for quick food), offer check cashing, only your imagination will stop you from making more money here!!

Financing: Limited owner financing to strong buyer. Physical collateral required.

Support/Training: Owner will train the new owner as needed, two weeks at no cost to buyer.

Reason Selling: Owner is moving out of state

Business For Sale By

David Reed

443.570.0512

Royal Business Brokers

Contact the Seller

To inquire about this business for sale, click the Reply button below

Contact the seller about this Successful Turn Key Dollar Store with High Sales

Recommended Resources

AD # 448405

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

-- Advertisement --