Dollar Store In Downtown Placentia

Placentia, CA (Orange County)

Front of the store
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Asking Price: $150,000

Cash Flow: N/A

Gross Revenue: $450,000

EBITDA: N/A

FF&E: N/A

Inventory: $100,000

Rent: $4,246 /Month

Established: 1987

Dollar Store In Downtown Placentia

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Business Description

Convenience Dollar Store

This store has been around for 32 years in the same exact location (since 1987). Over time, the business has continued to grow and expand with the inclusion of key copying machine, lottery, product expansions, and a constant availability of merchandise that is always ready in storage to be put out at any time something is sold out. The store is set right smack in the middle of a plaza that has very high traffic daily while facing no direct competition from the surrounding stores like Northgate, Babe Dry Cleaner, Liquor, McDonalds, In-N-Out, etc. Income is extremely consistent with always a comfortable 45-60% margin in revenue. The lottery commission is approximately $13,000 a year which will essentially cover 3 months worth of rent alone. This establishment has always been a family-based business with 3 of us which is what we would recommend for the business to be profitable. It is in a phenomenal location with high traffic and an extremely established clientele. The business expense is LOW with lots of residential apartments in the area. There is also an ultra long seven year lease.

Detailed Information

Location:
Placentia, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,867
Lease Expiration:
N/A
Employees:
3
Facilities:
Plenty of parking space available in both front and back. Two trucks (that we use to store our merchandise) will be included with the sale along with all the inventory. These are the trucks that we use to go buy products. All extra inventory that is in the store, which also includes surveillance cameras, television, refrigerators, and equipments is included.
Competition:
The store has no direct competition with any of the surrounding market located in the plaza that consist of restaurants, laundry cleaners, cellular booths, Northgate, and many other miscellaneous. Limited 98c is the only convenience store in the vicinity which enables us to not have to worry about being competitive.
Growth & Expansion:
The business is always growing as the type of products requested changes over time. It is important to provide products in accordance with the holiday of the time such as Christmas (the most profitable time of the year), Halloween, Easter, Lunar New Year, etc. Our latest inclusion of lottery since 2015 has provided a lucrative amount of profit to the store's revenue. The inventory that we have available is also massive which is a common comment that customers make when coming to our store; they are always able to find anything they need.
Support & Training:
Seller will provide if needed & wanted.
Reason for Selling:
Retirement and son has graduated college
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Business Listed By:
Damon Nguyen

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