Seller's Contact Information
- RE: Booming Party Supplies Mega Store For Sale In Miam
- Contact: FERNANDO MELLO
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 |
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.
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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 homebased business opportunity.
- This is not a franchise resale opportunity
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