MergerPlace

Lighting Showroom South Florida

Miami Dade, Florida


  • Asking Price: $1,475,000
  • Gross Income: $1,698,364
  • Cash Flow: $645,327
  • Real Estate: Not Disclosed
  • Inventory: $200,000
  • FF&E: $20,000
  • Listing ID: #214526
  • Established: 2004
  • Employees: 5

Business Description

This 15 year, absentee owned business is the #1 lighting, arts & decor store-showroom in South Florida. Well known working with many VIPs and perform custom art projects with world famous artists. Run as is now, EBITDA w/absentee owner is $514,676. "Owner's Benefit" of $643,760 assumes Buyer replace Mgr. Exclusive vendor relationships in place w/many suppliers, furniture vendors & artists. Best possible retail location & demographic in S. Florida. Inventory of $200,000 @cost is inc. All prospects to providing listing Broker with financial statement/proof of funds before disclosure.SBA Pre-Approved. Please refer to listing 0101313435 Business Broker Moche Hazout when you inquiry about this listing.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida
Metropolitan Area: Miami Dade

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $1,475,000
Gross Revenue: $1,698,364
Cash Flow: $645,327
FF&E: $20,000
Inventory: $200,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 16250 Square Footage: 5000 Building Type: End Cap Plaza Terms & Options: Available-See Broker Expiration Date: 12/31/2019

Competition:

Non Compete : Miles: 25 Years: 4

Reason for selling:

Focus on other business ventures

Support & Training:

for 3 weeks at no cost

Contact Business Seller

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Business Listed By:

Moche Hazout

Transworld Business Brokers