0 Withheld Street

About Property

Please note...Price as shown ($14,500) is plus inventory... Inventory is estimated at $50,000 - $75,000. This Dollar Plus and Party Store business has been in Watertown for over 12 years. Before that it was in Waterbury for 7 years. The store is in a shopping plaza and is 1,700 s.f. It is full of party goods, balloons and miscellaneous merchandise that is usually found in Dollar and variety stores. The store is no longer only a dollar store. Now prices go up from a dollar to $2, $2.50, and with a few items over $3.50. So, if you want to be your own boss and you are experienced in low priced retail merchandising – take a look. Experience is recommended as no financial info will be available – excepting operating costs. When you make an Offer, if acceptable, you will have time to observe and ask the Owner and your advisors any questions you might have on this business and industry. Store hours are Monday – Friday 10:00 to 6:00, Saturday 9:00 to 4:00 and Sunday 10:00 to 2:00. Total of 51 hours. The store is in a small, fairly new shopping plaza with 9 other stores. Plenty of parking. Base Rent is $1,900 per month plus $500 for the CAM (common area maintenance) and $600 for R.E. Taxes. Total rent is $3,000. The Owner is now month to month so a new lease will have to be negotiated with the landlord.
Listed by Blanket Real Estate, Cj (Charlie) Vlahos. Data sourced from SmartMLS