MergerPlace

Amazing Bath Supply Store in Broward

Florida (Broward)


  • Asking Price: $1,699,000
  • Gross Income: $1,376,241
  • Cash Flow: $290,837
  • Real Estate: $799,000
  • Inventory: $33,000
  • FF&E: $85,876
  • Listing ID: #226791
  • Established: 2012
  • Employees: 7 FT

Business Description

Amazing Bath Supply Store in Broward with Real Estate

This recession-proof store specializes in bathroom and kitchen cabinets, equipment and accessories. This store performed very well during the worst pandemic of our lifetime. The buyer can capitalize on the wave of remodeling of homes and businesses, which has swept the South Florida market. This is the go-to-place for vanities, faucets, sinks, mirrors & cabinets, bath tubs, toilets, showers, plumbing fixtures, kitchen cabinets, interiors doors, etc. As a plus - the selling price includes the Real Estate, but a buyer may also lease the Real Estate. May qualify for a VISA!


Business Details

Primary Business Category: Retail Trade - Furniture & Home Furnishings
Location: Florida
County: Broward

Company Information

Year Established: 2012
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 7 FT

Financial Information

Asking Price: $1,699,000
Gross Revenue: $1,376,241
Cash Flow: $290,837
FF&E: $85,876
Inventory: $33,000
Real Estate: $799,000
Seller Financing Available: No

Property Information

Facilities:

The business is housed in a facility which is air-conditioned. The storefront is on one of the most visible East-West Broward county throughways, with over one hundred thousand cars passing by the store display daily. The showroom is beautifully designed and the building is very well maintained. Plenty of customer parking and loading space in the back.

Growth & expansion opportunities:

The buyer may increase the business by utilizing the postal EDDM programs and the social media platforms effectively. Establishing an installation crew can also grow the business exponentially by doing the work with a in-house crew.

Competition:

There are other kitchen and bathroom stores in Broward county but you will be hard-pressed to find one with such major visibility on an an important county road. This business has a leg up on the competition not only because of its location but also because of the diversity of the products they carry, amazing customer service and excellent pricing. Their customer follow up is simply wonderful!

Reason for selling:

After having run this business semi-absentee for nine successful years -the owner has decided to sell both the business and the building and pass the baton to someone else. May qualify for a VISA!

Support & Training:

Will train for 3 weeks @ $0 cost. This store is the go-to-place for vanities, faucets, sinks, mirrors & cabinets, bath tubs, toilets, showers, plumbing fixtures, kitchen cabinets, interiors doors, etc.

Contact Business Seller

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Business Listed By:

Anton Joro

Murphy Business Brokers