| DHA |
| DAVID HOFFMAN AND ASSOCIATES DHA BROKERS |
MATCHMAKERS: MORE THAN JUST BUSINESS BROKERS
Discounted General Merchandise
Discounted General Merchandise
Location: Camden County, New Jersey
Reference ID: 6251
Financial Information
Asking: $1,000,000
Gross: $2,700,000
Cash Flow: $400,000
Furniture, Fixtures & Equipment: $100,000
Inventory: $500,000 (not included in price)
Financing: SBA Financing
Summary Description
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.
General Information
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.
Competition: There is no direct competition to this business in the immediate
area.
Growth and Expansion: 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.
Support/Training: Sufficient training will be provided to run the business.
Reason Selling: Has other business interests out of state
Year Established: 2004
Employees: 13
Contact: Broker
Phone: 856 910-1800
Email: info@dhabrokers.com
Location: Camden County, New Jersey
Reference ID: 6251
Financial Information
Asking: $1,000,000
Gross: $2,700,000
Cash Flow: $400,000
Furniture, Fixtures & Equipment: $100,000
Inventory: $500,000 (not included in price)
Financing: SBA Financing
Summary Description
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.
General Information
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.
Competition: There is no direct competition to this business in the immediate
area.
Growth and Expansion: 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.
Support/Training: Sufficient training will be provided to run the business.
Reason Selling: Has other business interests out of state
Year Established: 2004
Employees: 13
Contact: Broker
Phone: 856 910-1800
Email: info@dhabrokers.com