Independent Dollar Plus Store Located In West Texas Metro Area!

El Paso County, TX

Seller Financing Available
Dollar Plus Store Exterior!
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Asking Price: $80,000

Cash Flow: N/A

Gross Revenue: $33,687

EBITDA: N/A

FF&E: $81,255

Inventory: $62,523

Rent: $3,642 /Month

Established: 2015

Independent Dollar Plus Store Located In West Texas Metro Area!

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Business Description

Independent Dollar Plus Store Located In West Texas Metro Area!

This independent Dollar Plus Store has been established now for over 3 years with the current owner. Because it is not a franchise there is no transfer fee involved with its purchase. Its multiple revenue stream consists of selling groceries, household items, lotto, ATM, etc. Steady growth in sales by supplying local residents, neighboring businesses and shops in the downtown area. Owner has kept accurate books and records. Business started in November of 2015. May qualify for E2 Visa status.

This particular industry consists of establishments that are primarily engaged in retailing new goods in general merchandise stores (I.e., except department stores, warehouse clubs, superstores, and supercenters). These establishments retail a general line of new merchandise, such as apparel, automotive parts, dry goods, hardware, groceries, housewares or home furnishings, and other lines in limited amounts, with none of the lines predominating. Owner is seeking a quick offer for this strategically located Dollar Plus Store that has a lot of potential for the right owner/operator based on its prime location in the downtown area.

NOTICES:
* Gross Revenue shown is the computed average of the 2 year period from 2017 thru 2018 as reported on the seller's tax returns.
* Inventory & FF&E shown are approximate as reported by the seller.
* All information, data, financials, valuations, appraisals, etc. must be verified by the buyer’s independent professional advisors before putting any money at risk as the broker has no knowledge of the accuracy of said information & makes no warranty, expressed or implied, as to the accuracy of such information..
* Non-Disclosure Agreement (NDA) is required. The seller’s financial data is confidential & will only be disclosed to qualified buyers with a signed NDA in place.
* For more information please contact broker or email us.

Attached Documents


Detailed Information

Location:
El Paso County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,400
Lease Expiration:
11/30/2020
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,400 square foot store that's fairly new. List of Furniture, Fixtures & Equipment available on request.
Competition:
* With the increase in competition, profit margins must be looked into carefully. * Sells easily, as mom-and-pops types are moving in, and it's day hours only. * Very competitive market as more diversification and the astute marketers are moving to the $1 to $5 price spread.
Growth & Expansion:
* There seems to be a downward pressure on profitability, but dollar stores in general are expanding into higher priced and higher margin items. * The industry model keeps labor costs low. * Not too difficult to replicate, resulting in easy entry for new owners. * Needs a large amount of inventory; thus, the larger the store, the better the variety and the sales. * Easy replication results in low entry barriers/costs for competitors, resulting in a possible squeeze in profit margins down the road for established owners. * Very easy to operate; mom-and-pop operators are moving in at great speed; mostly an all cash business.
Financing:
Will finance with 50% down, with remainder paid off monthly over 5 years at 5% int.
Support & Training:
Seller will train Buyer for 2 weeks at no cost. No special skills are required to run this store. Seller will introduce Buyer to vendors and repeat customers and will also train Buyer on the automated system for monitoring and ordering inventory, etc.
Reason for Selling:
Seller needs to move back home due to on-setting family obligations.
Franchise:
This business is an established franchise
Business Website:
http://www.tworld.com/locations/collegestation/
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Contact the Seller

(from currently available funds)
 
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Larry Fry, MBA

Business Listed By:
Larry Fry, MBA

Transworld Business Advisors at College Station

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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