Established Discount Retail Business for Sale

Listing Number: 60375-171456

Description

This well-established discount retail store, operating since 1998, serves a thriving Riverside community with a diverse range of consumer goods, including men’s and women’s clothing, general merchandise, makeup, and seasonal items, priced competitively between $0.49 and $60.00, with most items ranging from $1.00 to $20.00. Located in a 6,767 sqft facility with low rent of approximately $1 per square foot (including CAM) and a lease extending to July 2028 with renewal options, the business benefits from a strategic location with high visibility, ample parking, and steady foot traffic from a growing residential and commercial area.

The store operates with efficient systems, optimized store layout, and well-trained staff of three full-time employees, ensuring smooth operations and high customer satisfaction (4.3/5 Google rating). With an estimated inventory of $175,000 and multiple revenue streams, the business achieves high inventory turnover and consistent profitability, evidenced by a 2023 gross revenue of $777,218 and Seller’s Discretionary Earnings (SDE) of $121,019 for the 12 months ending June 2024. The current owner offers two weeks of free training to ensure a seamless transition, with optional consulting support post-sale.

Listing Details

• Price: DH 475,000
• Down Payment: DH475,000
• Sellers Discretionary Earnings: DH 107,685
• Total Sales: DH 717,918
• Location: Riverside County, California


• Inventory: DH 175,000
• FF&E: DH 0
• Employees: 3
• Year Established: 1998
• Reason for Selling: Long Commute (100miles/day)
• Category: Retail Miscellaneous