Discount Retail/Sport Store Reduced $225,000










Attn: Moises Zuniga
Prince George, Maryland
Listing Number: 959






Asking Price: 275000
Industry: Discount Retail/Sport Store Reduced $225,000
Reason for Selling: Retiring
Year Established: 2002
# of Employees: 2
Yearly Revenues: 275,000
Yearly Net Profit: 60,000



Overview:
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.

Property Features and Assets:
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.



Additional Details:
  • 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.