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Retail Discount Store
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1580000
Net Profit / Cash Flow $120000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Inventory 600000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Other ventures.
Description Super Sized 98 Cents Plus Mega Store In North Orange County. A Very Well Known Asian Market And 98 Cents Discount Store Is Selling One Of Their 98 Cents Plus Store Located In North Orange County.
It's A Mega Size Discount Store with the Size at 20,000 square feet! Great Great Lease!
In addition to the typical 98 cent items, this discount store also carries higher priced quality items. This 98 Cents Plus store offers other unique Asian products and items of fine quality. They also offer distinctive light furniture. Many of the products are ''Daiso'' Products, which are known for their stylish and high quality household items. Although this Corporation has exclusive purchasing arrangements with the Daiso Company, they will allow the new owner the ability to continue to purchase Daiso products through them.
Since this store is under the corporate name, the new owner is required to change the name of the store. Seller is not selling any part of the corporation, name or image.
Current management will provide 3 months of on going support for the new buyer.
Currently there are close to 30 employees on the payroll. This can be reduced significantly with an active owner cutting down and optimizing employee scheduling, and increase more profits. Since it's been corporate run, the management has not aggressively tried to reduce inefficiencies.
The sale price includes inventory is approximately $400,000. This store has been in business since 2002 at this location. Contact for more information on this Retail Discount Store for sale.
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