Business For Sale

Magic and Novelty Store in High Traffic Mall

Not Disclosed, FL
Miami Dade County

Miami-Dade County


Asking Price: Annual Revenue:
$95,000 $268,930

Retail: Non-classifiable


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RE: Magic and Novelty Store in High Traffic Mall Broker: Andy Fischer

Quick Facts

Asking Price: $95,000
Annual Revenue: $268,930
Net Profit: Not Disclosed
Cash Flow: $59,570
Total Debt: Not Disclosed
FF&E: $8,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 4
BBN Listing #: 17874955
Broker Reference #: 1040-14693

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Business Overview:

Magic and Novelty products retail store established 15 years ago. Excellent location in one of the best known malls in the downtown-midtown area of Miami, with 21 million visitors a year. Business is ran absentee, financials shown assumes an owner operator. Stable business with high margin products and no competition in the area. Growth opportunities through internet and social media, which have not been implemented. Owner operator should be capable of improving the performance of the business.

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Property Features and Assets:

Located in one the the most visited malls in the area (21 million visitors a year). Space is 300 square feet and rent is $8,985 a month. Total Assets Included: $35,500

Market Competition and Expansion:

Limited competition in the area. The business does zero advertising at the moment. An advertising effort and presence in the internet and social media should help the business grow. Current owner is absentee, an owner operator should be capable of improving the performance of the business.

Reason for Selling:

Seller has other businesses.

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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