Dollar Store
Location:
Canada
->
Manitoba
->
Winnipeg
Industry: Retail > Other Retail
Business Summary
This variety store for sale sells items at discount prices. Prime Location. Rapidly Growing. Destination Area. One full-time employee; Three part-time employees.Open Mon. - Sat. 9:30 a.m. to 6:00 p.m.; (Sun. 12:00 p.m. to 5:00 p.m. - summers only). The area is a rapidly growing retirement area and many Winnipeggers are making the move to this destination town. Permanent residents exceed 2,400 people, however, between May and October, the population swells in excess of 8,000 because of the surrounding cottage country. The current economic environment represents a growth opportunity for dollar stores. Sales are dropping for most retailers, but not at dollar stores, which are continuing to increase sales and add stores as the recession worsens.
Financials
Asking Price Range: < $250K
Gross Revenues:
$201,000
Cash Flow:
$50,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1900
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: The current owner would be available throughout the transition for training of the purchaser and consulting work to ensure a successful transition. The current store manager would also stay for a pre-negotiated training period, but would eventually leave.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Retail > Other Retail business for sale.
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Print Listing Id: 700104706
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