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Dollar Store With A Difference

Location  Alberta,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $1262893
Net Profit / Cash Flow  $214374
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2002
Number of Employees  10 - 19
Inventory  497837
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Will be provided
Reason for Sale  Retirement

Description  
This is an established business that operates under a Dollar Store name and maintains an inventory of core Dollar Store items. The business has a market niche in between the Dollar Store and Walmart concepts, in sourcing higher end products or value products on closeout, one time or spot buys. The value benefit is to the customer in allowing seasonal and everyday items to be retailed at wholesale prices. The results of maintaining this strategy for 12 years are reflected in first year annual sales of approximately $856,000.00 to annual sales of over $1,260,000 in 2012 and 2013, with an average transaction currently exceeding $13. The company has a good customer base and the key to the success of this business is its location, product mix and the buying processes (and contacts) it has put in place. Staff and (POS and inventory) systems are in place to turn around customer orders in a timely and accurate manner. There are 10 - 12 part time employees with one Owner manager. The Owner's role is to attend trade shows, source products, schedule the employees and give merchandising direction. A knowledge and ability to understand consumer trends, value products and purchase accordingly is required. Owner is responsible for operations management and fiscal responsibility. The current owner will stay on for as long as is needed to teach a new owner the ropes and ensure they are setup for success. New Owner should have management and people skills and be customer service oriented and efficient. Asking price is $ 1,000,000. Call Stefan at 604-782-9835.


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