For-Profit Thrift Store known for its pricing and variety. Family owned flavor. Located in an anchor space in a shopping center with easy access and egress. It is heavily shopped by thrift store hobbyist, budget-minded moms, a loyal Hispanic following and anyone wanting to save money on gently used items.
Financial Information
$200,000
Asking Price
$97,066
Cash Flow
$424,020
Gross Revenue
N/A
Down Payment
Yes
Financing
Business Location
City:
Birmingham
State:Alabama
Financing Comments
Seller will consider all offers
Reason for Sale
Seller is at retirement age
Detailed information
Year Established:2014
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 5
Part-Time Employees:4
Contractors:N/A
Owner Worked Hours/w:40
Adjusted EBITDA:
$63,410
Inventory Included: Yes
Inventory Value:
$5,000
Monthly Rent:
$11,400
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 20000
FF&E Included?: Yes
FF&E Value: $54,220
Training/Support
The seller will offer a training transition as part of acceptance and would consider staying involved at some capacity longer term for additional compensation.
Facilities
20,000 SF corner space retail shopping center location with very good parking and suitable intake set up for receiving a high volume of product, staging and sorting before it hits the showroom.
Real Estate Description
The space is an end space/ anchor space in a larger shopping center. There is 20,000 square feet of variety and great prices. Very ample parking and very easy to get in out of . Located in a great area for a thrift store. It is clean and well kept. There is a mezzanine space to stage product bought before sending to the retail floor that helps keep the floor space view clean and fresh.