MergerPlace

Party Supplies Mega Store in Miami

Florida


  • Asking Price: $3,500,000
  • Gross Income: $1,459,765
  • Cash Flow: $424,840
  • Real Estate: Not Disclosed
  • Inventory: $1,000,000
  • FF&E: $300,000
  • Listing ID: #225516
  • Established: 1995
  • Employees: 6

Business Description

This long-established store is the go-to place for everything related to parties. With more than 6,000 items in 15,000 SF of store floor, this impressive retailer has become the dominant player in its area, with steady growth in sales despite virtually no marketing efforts for several years. After 25 years the owner wants to retire. Lots of potential upsides and low-hanging expansion possibilities like extended hours, opening on Sundays, website, online sales, social networks, etc. 56% growth in Net Earnings in 2020, during COVID. This is a unique opportunity for an owner-operator or investor, willing to make a solid entry or expand into this booming industry. The seller will facilitate the transition for two months at no cost. Please refer to listing number 2201998007, business broker Fernando Mello 561-609-7371 when inquiring about this listing.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6

Financial Information

Asking Price: $3,500,000
Gross Revenue: $1,459,765
Cash Flow: $424,840
FF&E: $300,000
Inventory: $1,000,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 12055 Square Footage: 15000 Building Type: A/C Warehouse Terms & Options: Expiration Date: 8/31/2023

Competition:

Non Compete : Miles: 20 Years: 5

Reason for selling:

Retirement

Support & Training:

Weeks Training: 8 Cost: $0

Contact Business Seller

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Business Listed By:

Fernando Mello

Transworld Business Brokers of Central Florida