Booming Party Supplies Mega Store for Sale in Miam

Not Disclosed, FL
Miami Dade County


Asking Price: Annual Revenue:
$3,500,000 $1,459,765

Retail: General Merchandise - Retail


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RE: Booming Party Supplies Mega Store for Sale in Miam Broker: FERNANDO MELLO
Owner Financing is Available!
Loan/Assumable - Amount: $700,000; Months: 60; Rate: 6.00% Monthly Payment: $13,532.96

Quick Facts

Asking Price: $3,500,000
Annual Revenue: $1,459,765
Net Profit: Not Disclosed
Cash Flow: $424,840
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 6
BBN Listing #: 9031630
Broker Reference #: 2201998007

Email or Print Listing

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Business Overview:

Incredible 51% sales increase in Q1 2021 vs. 2020. 56% net income increase in 2020, during COVID!

This is a unique opportunity for an owner operator or investor, willing to make a solid entry or expand into this booming industry. This long-established Party Supplies Mega Store is the go-to place for everything related to parties in South Florida. With more than 6,000 items in 15,000 sf of store floor, this impressive retailer has become the dominant player in its area, with steady growth in sales and profits despite virtually no marketing efforts for several years.

There are lots of potential upsides and additional growth possibilities, like extended hours, opening on Sundays, online sales, social media, rentals, etc.

After 25 years the owner wants to retire and will facilitate the transition for two months at no cost.

May qualify for a Visa.

Please refer to listing number 2201998007, business broker Fernando Mello 561-609-7371 when inquiring about this listing.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Lease/Month: $12,055; Square Footage: 15,000; Building Type: A/C Warehouse; Expiration Date: 8/31/2023.

Market Competition and Expansion:

Non Compete : Miles: 20 Years: 5

Reason for Selling:

Retirement

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.

Relevant Links:

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