Dollar Store - Desirable Town in Bergen County

Bergen County, NJ
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Asking Price:$89,000
Gross Revenue:$180,000
EBITDA:$40,000
Established Year:2022
Cash Flow:$40,000
Inventory:$50,000
FF&E:$20,000
BUSINESS DESCRIPTION

The store was started in 2022. This is a family-owned and operated business. There are no paid employees; therefore it is best suited for the owner-operator. The store is located in a strip center on a busy road in a desirable town. The store is 2400 sq ft and is well-maintained with a clean new layout. This is not your average dollar store as the products they sell, although most are under $10, are better quality. The clean layout and higher-quality products appeal to the local clientele. The store offers diverse products: health & beauty, stationery, party supplies, greeting cards, school supplies, household & cleaning products, hardware & seasonal supplies. The store is located in a high traffic area and borders several highly desirable towns. For information email: prodigytrent@gmail.com


DETAILED INFORMATION
Location
Bergen County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
There is no local competition.
Growth & Expansion
The new owner could add more expensive products.
Financing
There is some seller financing to qualified buyers.
Support & Training
The current owner is willing to train and assist in a smooth transition.
Reason for Selling
The owner’s spouse could no longer operate the business.
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Jeffrey
Trent
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Jeffrey Trent