Supplier of Equipment & Fixtures for Stores S. FL

Not Disclosed, FL


Asking Price: Annual Revenue:
$499,000 $2,067,306

Miscellaneous: Non-classifiable


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RE: Supplier of Equipment & Fixtures for Stores S. FL Broker: Roberta Caputo
Owner Financing is Available!
SBA 7a 10 year loan, APR : 7.5% Monthly loan payment $5,044

Quick Facts

Asking Price: $499,000
Annual Revenue: $2,067,306
Net Profit: Not Disclosed
Cash Flow: $232,139
Total Debt: Not Disclosed
FF&E: $42,035
Real Estate: Not Disclosed
Year Established: 1995
Employees: 4
BBN Listing #: 9710344
Broker Reference #: 3244

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Business Overview:

Top supplier of shelving, counters, walk-in coolers, refrigeration, ice makers and cooking equipment. Specialized in convenience stores and catering three counties: Palm Beach, Broward and Miami-Dade , Florida. The company has been in business for 23 years with a very successful operation on sales and profit. Great scalability potential.

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Property Features and Assets:

2,500 square ft facility located in South Florida

Market Competition and Expansion:

2019 is showing better projection in sales and profit than previous years. Convenience store sales ia growing in 2018, Retailers optimistic for 2020. Low gas prices has helped drive sales upward at convenience stores in 2019 — and retailers expect those strong sales to carry over into 2020, according to a survey of retailers released by the National Association of Convenience Stores (NACS). Company is experiencing a robust market outlook.

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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