Lighting Showroom South Florida

Not Disclosed, FL
Miami Dade County

Asking Price: Annual Revenue:
$1,475,000 $1,698,364

Retail: Home Improvement

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RE: Lighting Showroom South Florida Broker: Moche Hozout
Owner Financing is Available!
Loan/Seller - Amt: 147,500 Mos: 36 Rate: 6.50 Mo Pmt: 4520.73

Quick Facts

Asking Price: $1,475,000
Annual Revenue: $1,698,364
Net Profit: Not Disclosed
Cash Flow: $645,327
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 5
BBN Listing #: 6012630
Broker Reference #: 0101313435

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Business Overview:

Great Opportunity!!! 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. Good for work visa. Please refer to listing 0101313435 Business Broker Moche Hazout when you inquiry about this listing.

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Property Features and Assets:

Lease/Month: $16,250; Square Footage: 5,000; Building Type: End Cap Plaza; Terms & Options: Available-See Broker; Expiration Date: 12/31/2019.

Market Competition and Expansion:

Non Compete : Miles: 25 Years: 4

Reason for Selling:

Focus on other business adventures.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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