MergerPlace

Enticing Outdoor Apparel and Accessories

Florida


  • Asking Price: $290,000
  • Gross Income: $882,871
  • Cash Flow: $78,824
  • Real Estate: Not Disclosed
  • Inventory: $216,000
  • FF&E: $60,000
  • Listing ID: #218096
  • Established: 2003
  • Employees: 8

Business Description

Enticing outdoor apparel and accessories store located in a trendy, affluent, high foot & vehicle traffic location. Carries the top, sought after brands. Mostly absentee ownership, just 10-20 hrs by an officer. Clean books with management attention to detail. High inventory included. Two new AC units installed in 2018.attention to detail. High inventory included. Two new AC units installed in 2018. Please refer to listing # 3353-357360, Agent Neil Astrike when inquiring about this listing. Thank you!


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Florida

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $290,000
Gross Revenue: $882,871
Cash Flow: $78,824
FF&E: $60,000
Inventory: $216,000
Seller Financing Available: No

Property Information

Facilities:

Lease Strip Center Monthly rent 10,400 Square Footage: 2523 Expiration Date: 10/31/2023 Terms & Options: Triple Net

Growth & expansion opportunities:

Consistently profitable and 2019, looks to be better than 2018. 2 new AC units were installed in 2018.

Competition:

3 current competitors in Tampa Bay, Bill Jackson, (mainly), Boaters Republic and Surf Outfitter (somewhat) with potential for REI arriving in the future.

Reason for selling:

Moving

Support & Training:

Will train for 2 weeks @ $0 cost.

Contact Business Seller

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Business Listed By:

Neil Astrike

Transworld Business Brokers of Central Florida