Highly Profitable Specialty Furniture Store in Boc

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$499,000 $837,293

Retail: Home Furniture & Furnishings


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RE: Highly Profitable Specialty Furniture Store in Boc Broker: Fernando Mello
Owner Financing is Available!
Loan/Seller - Amt: 55,910 Mos: 60 Rate: 7.00 Mo Pmt: 1,107.09 Loan/Other - Amt: 447,280 Mos: 120 Rate: 6.00 Mo Pmt: 4,965.73

Quick Facts

Asking Price: $499,000
Annual Revenue: $837,293
Net Profit: Not Disclosed
Cash Flow: $424,469
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 1
BBN Listing #: 1908630
Broker Reference #: 0101289361

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Business Overview:

SBA Prequalified, This specialty furniture store has been operating for over 20-years on Federal Highway in Boca Raton, to which the owner is planning to retire. Revenue and Profits have been extremely consistent over the years as this is one of the only stores of its kind in South Florida. Perfect books and records with a little added bonus, ideal for an individual relocating to the area or with an immigration need. Inventory consists of a fully modern showroom of items constantly being turned over. Seller is offering a 1-month transition period and possible consulting thereafter. No special licenses or skills needed, just good friendly sense! Please refer to listing number 0101289361, business broker Fernando Mello – (561) 609-7371 - when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $2,909.09; Square Footage: 1,500; Building Type: Strip Center; Terms & Options: 1 five year option avail. Expiration Date: 9/1/2025

Market Competition and Expansion:

Non Compete : Miles: 100 Years: 4

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.

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