Description
"HOTBINS" is a discount retail operation specializing in liquidated and overstock merchandise from major national retailers. This established business has generated strong customer loyalty and consistent revenue since opening in 2023, operating from a prime location in a busy Holiday, FL shopping center. The company sources deeply discounted merchandise from major retailers such as Amazon, Walmart, Target, etc., then offers progressive pricing that creates urgency and drives frequent customer visits. This unique approach has customers literally lining up before the store opens each morning. "HOTBINS" is a proven business model with strong profit margins. There are approximately 10 HotBins stores throughout Florida. For more information on this chain, visit Hotbins.com. $350,000 price includes assignment of lease (3 years remaining with one 5-year renewal) and approximately $150,000 of FF&E, including Forklift, Bins, Carts, Indoor & Outdoor Signs, Security Camera System, Cash Register, Storage Shelving, Display Shelving, Pallets, Safes, and more. The current owner will provide support and training of the new owner regarding merchandise management, accounting, and day-to-day operations. There is no immediate local competition and growth potential is contingent on how much volume the business owner wants to process through the business and the hours of operation. Value of the Merchandise Inventory on hand at the time of sale is in addition to the sale price, and averages between $50,000 and $100,000 at any given time. Financial details will be provided to qualified buyers upon signing a Non-Disclosure Form.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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12,216SQFT
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$29$/SQFT
School Ratings & Info
Description
"HOTBINS" is a discount retail operation specializing in liquidated and overstock merchandise from major national retailers. This established business has generated strong customer loyalty and consistent revenue since opening in 2023, operating from a prime location in a busy Holiday, FL shopping center. The company sources deeply discounted merchandise from major retailers such as Amazon, Walmart, Target, etc., then offers progressive pricing that creates urgency and drives frequent customer visits. This unique approach has customers literally lining up before the store opens each morning. "HOTBINS" is a proven business model with strong profit margins. There are approximately 10 HotBins stores throughout Florida. For more information on this chain, visit Hotbins.com. $350,000 price includes assignment of lease (3 years remaining with one 5-year renewal) and approximately $150,000 of FF&E, including Forklift, Bins, Carts, Indoor & Outdoor Signs, Security Camera System, Cash Register, Storage Shelving, Display Shelving, Pallets, Safes, and more. The current owner will provide support and training of the new owner regarding merchandise management, accounting, and day-to-day operations. There is no immediate local competition and growth potential is contingent on how much volume the business owner wants to process through the business and the hours of operation. Value of the Merchandise Inventory on hand at the time of sale is in addition to the sale price, and averages between $50,000 and $100,000 at any given time. Financial details will be provided to qualified buyers upon signing a Non-Disclosure Form.
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