Rare 24 Year Well Established and Profitable Dollar Store For Sale!

Alexandria, VA
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Asking Price:$300,000
Inventory:$120,000
Cash Flow:$170,000
Established Year:2000
BUSINESS DESCRIPTION

Great Dollar store for family run business.

For sale is a turnkey Dollar Store located in Alexandria, VA that has been operating for 24 years. Business is profitable and demonstrates resilience and growth potential through all economic climates. The store has over 10,000+ items giving customers a diverse product range with competitive pricing ensuring value and affordability. The location is a high traffic area offering convenience and accessibility to shoppers. This opportunity is perfect for families looking to own and operate a business!


DETAILED INFORMATION
Location
Alexandria, VA
Inventory
Not Included in asking price
Facilities
1,500 SF. Size of the store is completely maximized with multiple aisles containing fully stocked floor to ceiling shelf units. Counter space in the front for cashier with refrigerator unit for drinks/cold items. Located in a highly dense ethnic community with all walks of life, serving a very diverse customer community. $120,000 in inventory to keep the store stocked once the business is purchased.
Competition
There are a number of other dollar stores in the greater area, but none have the selection that this dollar store has. Due to the product diversity, competitive pricing and location, this store is a staple in the community with a large returning customer base that continues to shop here instead of other locations.
Growth & Expansion
Possible growth opportunities include: -Streamlining inventory sales with inventory management software to better understand which products are selling quickly and which products are taking too long to sell. Could allow for increase in sales for more successful targeting of demand. -Adding beer/wine, tobacco, lottery, food items etc.
Support & Training
Current owner can provide 2 weeks of support including vendors, operational information, and key business contacts to keep operations running smoothly with no interruptions.
Reason for Selling
Retirement
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Steven Coats
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Steven Coats