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Discount Retail/Sport Store Reduced $225,000 |
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This business has been viewed 320 times.
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Company: |
Location: Prince George, Maryland |
Contact: Moises Zuniga
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Asking Price: |
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$275,000.00
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Industry: |
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Retail-General |
Reason for Selling: |
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Retiring |
Year Established: |
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2002 |
# of Employees: |
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2 |
Yearly Revenues: |
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275,000 |
Yearly Net Profit: |
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60,000 |
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Overview:
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An established discount store located in
Prince Georges County is available for
sale. Over $7,000 net profit per month.
$150,000 worth of inventory at cost is
included in the price. Same location for
over 9 years. Customers about 60% Latinos
and about 30% African American and another
mixed 10%. Great Rent and flexible terms.
Retirement is forcing the sale.
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Property Features and Assets:
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There is some competition in the industry but
none that have the established customer focus
that builds brand loyalty. Potential Growth
Revenue has grown over 35% the past 3 years.
Expanding partnerships with area sports teams
and corporate events offers additional growth
potential. |
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Additional Details:
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- The property
is
leased.
- The owner
is
willing to train/assist the new owner.
- The owner
is not
willing to work for the new owner.
- This
is not
a homebased business opportunity.
- This
is not
a franchise opportunity.
- This
is not
a distressed business or bankruptcy situation.
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