Business Summary:
WELL ORGANIZED, ESTABLISHED, PROFITABLE DOLLAR STORE STRATEGICALLY LOCATED CLOSE TO A MAJOR SUPERMARKET WITH AN OPTIMUM LONG TERM RENT AGREEMENT. PROFESSIONALLY MANAGED. MANAGEMENT CAN PROVIDE ALL PROOF OF NUMBERS.THIS IS A SERIOUS, PROFIT ORIENTED, BUSINESS PERSON'S DOLLAR STOREWell organized and profitable dollar store is a superb opportunity for qualified / serious buyers. Strategic location close to a major super market and liquor store. Attractive opportunity enhanced by outstanding 15 yr lease signed in 2013. Rent next door is marketed at $25 per ft. while this rent is $14 per ft. providing long term security. Presently base rent is $61,000 with $23,000 CAM and has very conservative rent increase clause limiting the rent by the year 2028 to $77,000 with a $27,000 CAM. Sales tax included in sales figure. This is a serious business person's dollar store. Every aspect of the business is professionally managed. Asking price includes inventory, the value of which is negotiable. Also included is the furniture and fixtures (includes cameras & surveillance equipment) $45,000. Manager's cost at $22,000 could be added to profit by a full time owner operator. 14 years remain on lease which increases every 3 years by 4%. Other item of $4,000 represents credit card fees. Owner confirms all numbers can be supported. Payroll taxes are included in the wages. Payroll managed by ADP.
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