Business Summary:
The current owner operates the business absentee. As an owner operated business you would be able to find tune the offerings in the store and expand into departments that are under merchandised or do not exist today.
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| Year
Business was Established: 2004 |
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| Number of Employees:
3 FT / 10 PT |
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| Facilities / Terms of Lease:
Facilities: This unique opportunity is located in a shopping center on a main highway. The store is 33,000 SF with a rent of $354,432. It has six years remaining on the lease with an option for ten additional years. There is three sub-tenants that operate as a department within the store and provide a combined rent of $28,800. |
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| Potential
Growth/Expansion:
This discount store is perfectly located for its customer base in southern New Jersey. It is also easily located for the general population of Philadelphia. With an owner on site, marketing for major holidays could be expanded to greatly increase sales. The store currently nets in excess of $400,000 and that could be greatly increased. |
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| Competition:
There is no direct competition to this business in the immediate area. |
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| Owner
willing to finance:
SBA |
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| Reason for selling:
Has other business interests out of state |
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Seller Reference Number: 6251
BusinessMart.com Listing Number: 46282 |
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