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$ 400,000
Est. payment /mo
New
2599 U.S. HIGHWAY 19 Holiday, FL 34691
12,216 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 12,216 sqft
Price per Sqft $32
MLS Listing ID TB8416356
Construction Status Completed
HOA Y/N No
Property Sub-Type Retail
Source Stellar MLS
Property 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.
$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.
$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.
Location
State FL
County Pasco
Area 34691 - Holiday/Tarpon Springs
Zoning RETAIL
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Common
Utilities Available Public
Building
Lot Description Shopping Center
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Completed
Others
Pets Allowed No
Ownership Corporation
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8416356
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Listed by RE/MAX REALTEC GROUP INC