Hot Listing
HOT BUSINESS! Hot Bins of Holiday
Business Description
Profitable 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.
Business Model:
The company sources deeply discounted merchandise from major retailers such as Amazon, Walmart, and Target, then offers progressive pricing that creates urgency and drives frequent customer visits. The unique approach has customers literally lining up before the store opens each morning!
Financial Summary:
• Annual Revenue: $1,600,000
• Seller's Discretionary Earnings: $260,000
• High-margin operation with strong cash flow
• Inventory value: $50,000-$100,000 (In addition to Sale Price)
• Furniture, Fixtures & Equipment: $150,000 (Included in Sale Price)
Location & Operations:
• 12,216 square foot retail space
• Monthly lease: $13,000 (expires September 2028)
• Strategic location in high-traffic shopping center
• Staffed by 5 employees
• No direct local competition
Key Strengths:
• Established customer base with high repeat business
• Proven business model ("HOT BINS") with strong profit margins
• Prime retail location with excellent visibility
• Scalable operations based on owner preferences
• Comprehensive supplier relationships with major retailers
Growth Opportunities:
Expansion potential is primarily limited by owner's desired volume throughput and operating hours. The established customer base and proven concept provide solid foundation for growth.
Owner Support:
Seller will provide comprehensive training and ongoing support covering merchandise sourcing, inventory management, accounting systems, and daily operations to ensure successful transition.
This retail operation represents an exceptional opportunity to acquire a profitable business with established systems, loyal customers, and significant upside potential in the growing discount retail sector.
Asking Price: $400,000 (cash only)
Sale Reason: Family illness requires owner's attention
Business Model:
The company sources deeply discounted merchandise from major retailers such as Amazon, Walmart, and Target, then offers progressive pricing that creates urgency and drives frequent customer visits. The unique approach has customers literally lining up before the store opens each morning!
Financial Summary:
• Annual Revenue: $1,600,000
• Seller's Discretionary Earnings: $260,000
• High-margin operation with strong cash flow
• Inventory value: $50,000-$100,000 (In addition to Sale Price)
• Furniture, Fixtures & Equipment: $150,000 (Included in Sale Price)
Location & Operations:
• 12,216 square foot retail space
• Monthly lease: $13,000 (expires September 2028)
• Strategic location in high-traffic shopping center
• Staffed by 5 employees
• No direct local competition
Key Strengths:
• Established customer base with high repeat business
• Proven business model ("HOT BINS") with strong profit margins
• Prime retail location with excellent visibility
• Scalable operations based on owner preferences
• Comprehensive supplier relationships with major retailers
Growth Opportunities:
Expansion potential is primarily limited by owner's desired volume throughput and operating hours. The established customer base and proven concept provide solid foundation for growth.
Owner Support:
Seller will provide comprehensive training and ongoing support covering merchandise sourcing, inventory management, accounting systems, and daily operations to ensure successful transition.
This retail operation represents an exceptional opportunity to acquire a profitable business with established systems, loyal customers, and significant upside potential in the growing discount retail sector.
Asking Price: $400,000 (cash only)
Sale Reason: Family illness requires owner's attention
About the Business
- Years in Operation
- 2
- Number of Employees
- 5
- Facilities & Assets
- Initially a 5-year lease expiring in 2028 with one 5-Year Extension available. Copy of lease is available to qualified buyer. FF&E included in sale price: Forklift, Bins, Carts, Indoor & Outdoor Signs, Security Camera System, Cash Register, Storage Shelving, Display Shelving, Pallets, Safes, and more. Sold as a going concern, except 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.
- Website
- https://hotbins.com/
- Market Outlook / Competition
- No local competition in the immediate area. This is a deep discount sales outlet for liquidated or overstock merchandise from major retailers (like Amazon, Walmart, Target, etc.) Progressive price discounts highly incentivize customers to shop early and often. They literally line up outside in the morning waiting for the doors to open!
- Opportunities for Growth
- "HOT BINS" is a recognized Brand with approximately 10 stores throughout Florida. This store in Holiday has growth potential only contingent on how much volume the business owner wants to process through the business and the hours of operation.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 12,216
- Rent
- $13,000.00 per month
- Lease Expiration
- 9/22/2028
About the Sale
- Seller Motivation
- Illness in the family.
- Transition Support
- Current owner will provide support and training of the new owner regarding merchandise management, accounting, and day-to-day operations.
- Financing Options
- Cash
Listing Info
- ID
- 2398980
- Listing Views
- 500
Business Location
Listing ID: 2398980 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleFlorida Businesses for SaleFlorida Retail Stores Businesses for SaleFlorida Other Retail Stores Businesses for Sale
Similar Listings
