Profitable Dollar / Discount Store in Bronx for Sale

Bronx County, NY

Profitable Dollar / Discount Store in Bronx for Sale
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Asking Price: $379,000

Cash Flow: $132,000

Gross Revenue: $756,000

EBITDA: N/A

FF&E: N/A

Inventory: $200,000*

Established: N/A

*not included in asking price.

Profitable Dollar / Discount Store in Bronx for Sale

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Business Description

Profitable Dollar Store at Prime Location!

This very profitable convenience / dollar / discount store has been established for over 22 years. It’s located in a super busy neighborhood in East Bronx, surrounded by apartment complex. Its size is 1300 sq. ft., plus the storage & office space with almost the same size. Large storefront, high profit margin, plus lottery commission. The values of the inventory will be close to $200,000 for thousands of different kinds of items to be included in the asking price. Seller's net cash flow is over $10,000 a month. Seller wants to retire. A great turn-key business opportunity that you don’t want to miss.

Detailed Information

Inventory:
Not included in asking price
Employees:
2
Growth & Expansion:
The owner just got a new 5 years lease, and the landlord lowered the monthly rent from $13.5k to $9.5k, which is a great news for the new owner. That is a $4,000 increase on the monthly cash flow. Perfect timing for purchasing this business.
Support & Training:
2 weeks
Reason for Selling:
retiring
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Contact the Seller

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Sherry Wang

Business Listed By:
Sherry Wang

Transworld Business Advisors of Flushing

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