Discount and Liquidation Business with Real Estate(Land & Building).
Asking Price: | $995,000 |
Gross Revenue: | $360,000 |
Cash Flow: | $174,000 |
Inventory: | $40,000 |
Liquidation & Discount Business - Short Hours - High Net - Real Estate(Land & Bu
Great opportunity to own an short hours, major busy street location, high visibility, Discount and Liquidation business with Real Estate(Land & Building).
Location on a major busy street, ensures a high volume of vehicle and foot traffic and a steady stream of clientele. Additionally, this business is strategically located adjacent to residential as well as business communities.
Product Mix Include:
1. Bedding/Clothing/Household Goods
2. Furniture/Patio/Home Furnishing
4. Electronics
5. Small Appliances(A/C, Coolers, Etc..)
6. Lawn & Garden(Lawn Mowers., Etc…)
7. General Merchandise
(Merchandise is on rotation basis, with new and exciting items offered at random)
Lack of direct competition in immediate vicinity ensures steady clientele as well as healthy profit margins.
Growth Potential:
a. Extend Business Hours
b. No Marketing
c. No website
d. Increase Product Portfolio
e. Add Dollar Items
Currently business opens its doors for about forty-five(45) per week.
Upside potential may be realized by adding Dollar items. Additionally, current ownership do not engage in any marketing and do not even have a web site.
Financials Highlights:
Gross Receipts/Sales F.Y. 2023: $360,000.00
Adjusted NET Income / Sellers Discretionary Earnings (SDE) F.Y. 2023: $174,000.00
Real Estate:
Property Type: Retail
Building Size: 5950 SqFt+-
Lot Size: 0.28 Acre+-
Zoning: C2
(Buyer MUST conduct independent verification of property characteristics)
High gross profits, very short hours, major busy street location, Real Estate included, present a great acquisition opportunity.
Seller will provide and verify all financial information during the due diligence period.
Disclaimer: The aforementioned information was furnished by the Seller. Business Brokers, its agents have not and will not verify the accuracy or completeness of information provided and make no representations as to its accuracy or reliability. Purchaser’s are hereby advised to consult with their legal, financial and other experts/advisors.
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