Dollar Store
Location Manitoba,Canada
Asking Price Range < $250K
Gross Revenues $201000
Net Profit / Cash Flow $50000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1900
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 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 Sale Retirement.
Description 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.
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