Dollar Store
Location Manitoba,Canada
Asking Price Range < $250K
Gross Revenues $323000
Net Profit / Cash Flow $52000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1900
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
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 help train the new owner and is willing to stay with the company there
Reason for Sale Retirement.
Description This St. Vital variety store for sale sells items at discount prices. Prime location in a busy mall. Walking distance from residential sectors. Well managed and maintained . One full-time employee; Six part-time employees. Open Mon. - Fri. 9:00 a.m. to 8:00 p.m.; Sat. 9:00 a.m. - 6:00 p.m.; Sun. 12:00 p.m. to 5:00 p.m.The store is a vital link in this area as there are many low income earners. The location is busy and traffic is growing. 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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