Active

$400,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 12216 sq ft
Overview
  • ID: MFRTB8416356
  • Bedrooms:
  • Bathrooms: 0
  • Size: 12216 sq ft
Property Details
Remarks
“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. $400,000 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.
Financial Considerations
Price:
$400,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$32.74
Tax Legal Description:
N/A
Exterior Features
Lot Size:
N/A
Lot Features:
Shopping Center
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Retail
Style:
N/A
Year Built:
N/A
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    2599 U.S. HIGHWAY 19
Contact a Professional
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