Wholesale Liquidation Store
Very profitable and unique niche retail and wholesale liquidation super-store selling large array of bargain items. Company makes bulk merchandise purchases (mostly electronics, home decor items, tools, kitchen and bath items, etc) through contractual deals from big box retailers and sells it for massively marked down prices. Big box retailers benefit because they are getting rid of excess, lost, or unwanted inventory. Store has 7500 sq facility containing enormous amount of systemically tracked inventory (by computer). Rent very reasonable at $4280/month with long term lease. About half of store's customers are contractors, balance is the general public. Cost of goods less than 30%! Enormous mark-up and profits. Relatively easy business to run and much room for expansion by performing on-site tool repair, renting tools, having an installation department, and ramping up on-line sales. Company has outstanding website with 50 visitors per day and growing. Asking price of $199K for the business; inventory is separate and approximate value (at cost) is $120K. Owner is serial entrepreneur who started business in late 2016 and is choosing to retire. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure statement is required.
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