MergerPlace

Well Est. Large Retail Shop Busy Downtow

Florida (St. Johns)


  • Asking Price: $895,000
  • Gross Income: $696,444
  • Cash Flow: $275,896
  • Real Estate: Not Disclosed
  • Inventory: $127,840
  • FF&E: $83,075
  • Listing ID: #227049
  • Established: 1990
  • Employees: 5

Business Description

Incredible opportunity to purchase one of the oldest, largest, busiest retail stores in Downtown Historic St Augustine. The business has established an incredible following and unique product line. Customer demand, incredible design, coupled with location and super trending products has made these concepts a total hit! Super attractive lease, on premises parking and so much more. Sales are up even with the pandemic. This business is recession proof. Please refer to listing 7101-721556 and advisor Richard Murray when inquiring on this listing.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida
County: St. Johns

Company Information

Year Established: 1990
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $895,000
Gross Revenue: $696,444
Cash Flow: $275,896
FF&E: $83,075
Inventory: $127,840
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 5811 Square Footage: 3100 Building Type: attached Terms & Options: 2 year Expiration Date: 1/21/2023

Reason for selling:

Other

Support & Training:

Seller will train for 2 weeks at no cost

Contact Business Seller

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Business Listed By:

Richard Murray

Transworld Business Brokers