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 since opening in 2024 and is located on E. Brandon Boulevard (State Road 60), which is a major east-west commercial thoroughfare and arterial highway running through the heart of Brandon. 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 lining up outside the store before it 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 the Hotbins website. The $150,000 price includes assignment of the lease (4 years remaining with one 6-year renewal) and over $100,000 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 to the new owner regarding merchandise management, accounting, and day-to-day operations. There is no immediate local competition, and growth potential depends on the volume the business owner wants to process and the hours of operation. The value of the Merchandise Inventory on hand at the time of sale is in addition to the sale price and averages between $45,000 and $50,000 at any given time. Financial details will be provided to qualified buyers upon signing a non-disclosure form (NDA).