Thriving 99-cent Store with Great Growth Opportunities

Soledad, CA (Monterey County)

Thriving 99-cent Store with Great Growth Opportunities
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Asking Price: $25,000

Cash Flow: $64,000

Gross Revenue: $520,000

EBITDA: N/A

FF&E: $0

Inventory: $75,000*

Established: N/A

*not included in asking price.

Thriving 99-cent Store with Great Growth Opportunities

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Business Description

Covid-Proof Business!

**Seller Financing Available**

Fantastic opportunity to own a thriving 99-cent discount store! The store sells a wide variety of clothing and home goods as well as tobacco products, CA lottery tickets, and Western Union services. Zoning should permit ABC license! This business is authorized for check-cashing which would be an extremely lucrative additional service.

The store is centrally located in a busy part of Soledad, California across from a popular park and near the Soledad post office and many other local businesses and has a steady stream of clientele. The store offers essential items and it has been doing well during the Covid-19 event.

Current business hours are 8 AM to 9 PM seven days a week. Can be operated by a couple or by the owner plus an employee. The store itself is 3,000 sq. ft. and has an extremely cooperative landlord.

The owner has other business and family interests taking his attention and is motivated to sell, making this is a fantastic opportunity for you to step into a turnkey operation that is very successful and holds great opportunity for increased revenue.

Inventory is in addition to the business purchase price. Typical inventory is estimated at $75,000 at cost.

Detailed Information

Location:
Soledad, CA
Inventory:
Not included in asking price
Reason for Selling:
The owner has other business and family interests taking his attention.
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Carmel Business Sales

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Ad#:1767240

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