Pentiction Dollar Store

This is your chance to own a well-established DOLLAR STORE in the beautiful Okanagan

  • Penticton
  • 1100
$ 179,000

This is your chance to own a well-established DOLLAR STORE in the beautiful Okanagan. This Dollar Store opportunity has everything a buyer is looking for: A reduced price, expansion opportunity, an excellent location, independently owned with no royalties or franchise fees, and listed below fair market value!! The seller is motivated to start their retirement and would like to see their business successfully continue. Established in 2000, this fantastic Dollar Store is a “Must Visit” location for busy shoppers. This business provides its customers with compelling value in a very convenient location with incredible foot traffic. This business is found in a very busy shopping plaza with a large chain grocery store and government liquor store as the anchors. Some of the great products you’ll find at this dollar store include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more! Known for its friendly atmosphere & service, this dollar store has developed a very loyal customer base. The Purchase Price includes all the equipment and inventory that a new owner will need to seamlessly take over this business, without any additional expense to start out. A new 5 year term lease is available! This truly is a turnkey operation! DOLLAR STORE BUSINESS SUMMARY LISTING DETAILS Gross Revenues For 2014 $ 686,036 Adjusted Net Income For 2014 $ 57,242 Inventory Included in Purchase Price $ 75,000 Furniture, Fixtures & Equipment Included in Purchase Price $ 65,000 PRICE REDUCED FOR IMMEDIATE SALE!! $ 179,000 OPERATIONAL DETAILS Year Established 2000 Years Operated by Current Owner 15 YEARS Premises size 3982 SQ FT Number of Employees 3 FT / 3 PT Days & Hours Of Operation MON – SAT 9-6 SUN 10 – 5 * Able to extend into evening hours for additional income Notes: 1) Above figures are based upon an asset purchase 2) Inventory fluctuates on a monthly basis and therefore a price adjustment may occur 3) Transfer fees will be the responsibility of the buyer 4) Accounting Year end is Sept 30 5) Above Standard Leaseholds Throughout ALL FINANCIAL INFORMATION CONTAINED HEREIN HAS BEEN PROVIDED BY THE SELLER. ROM HOUTSTRA WILL NOT VERIFY THE ACCURACY OR COMPLETENESS OF THIS INFORMATION.