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99 Cent Store Market - Upside To Add Liquor

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $108000
Net Profit / Cash Flow  $36000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2012
Number of Employees  1 - 3
Inventory  35000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks, 40 hours per week.
Reason for Sale  Relocation out of state.
Description  Prime location in a very busy shopping center drives traffic to this location all day and night. Located right next door to a WIC center and a large 100+ apartment community, this has a built-in set of clients that patronize this location regularly. A hands-on owner operator is presently working this business 7 days, and the adjusted net profit is for a replacement hands-on operator as well. Current Health Department and Tobacco licenses included, a new owner should add a liquor license to drive additional revenue to the location. NDA is required for exact business address to visit as A CUSTOMER ONLY! Any buyer/seller meetings will be facilitated by our Agent, Tony Madoyan. Facilities: 1,400 square foot store in a busy shopping center. Reasons for Selling: Relocation out of state. Support/Training: 2 weeks, 40 hours per week. Competition/Market Pros and Cons: No large 99 cent store chain close by. Growth and Expansion Pros and Cons: Could add check cashing services, and also potential to add a liquor license to increase sales.
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