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Listed by:

Business-USA

Distributor Flip Flops Drinkware Skateboards In Broward County For Sale

Broward County, Florida, US
Asking Price:
$2,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,400,000
Cash Flow:
$975,000

Note the sales and net profit shown is for 8 months ended 8-31-21.The company is a wholesale distributor of imported Flip Flops, Drinkware and Skateboards. For 2020 and 2021 they have identified unique high profit margin items modifying and expanding the line. They provide good service, aggressive prices and up to date Styles and Trends. Their products are manufactured overseas. Quality control offices are located at each manufacturer, they inspect all production to maintain continuity of quality and uniformity. The lower sales in 2019 & 2020 were the result of a change in Product mix to products with a higher mark up in order to increase Gross Profit and resulting in Net Profit. The year-to-year increases demonstrate the success of this strategy. Sales are now up and growing rapidly because of those changes. A buyer with greater working capital could increase sales and profits substantially above the current growth rate.

Property Information

Real Estate:

Lease

Lease Terms:

Expires 12-31-23 Additional time as needed

Leasehold Rent:

$1,461 per annum

Lease Rent:
per sq ft per annum
Location:

Broward County Florida

Premises Details:

1,200 Sq Ft $ 1,462 Monthly Rent Lease Expires 12-31-22 Additional time as needed

Size in square feet:
1,200

Business Operation

Expansion Potential:

Great Potential

Reasons for selling:

Other Business Interests

Trading hours:

M-F 9:00 to 5:30

Employees:
3
Years established:
2015

Other Information

Support & training:

30 Days at no cost to buyer

Furniture / Fixtures value:
$35,000 - included in the asking price
Inventory / Stock value:
$75,000 - included in the asking price
Relocatable:
This business can be relocated.

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