70+ year service and education-oriented company with internet and retail sales. Solid and consistent annual growth from 1999 to 2024. They have the largest geographical footprint in the industry, with exclusive dealerships for most brands. They consistently win annual incentive trips from vendors across the world. Currently, we have 11 locations throughout Florida and an exponential growth opportunity for online sales and specialty events. Thank you!
- Asking Price:
- $3,500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $13,983,757
- Cash Flow:
- $1,031,553
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Type of Location: Free-Standing
Facilities - 11 locations throughout FL
Monthly Rent: $7,375.00
Square Units (Foot, Meter) 2,500
Lease Expiration Date: December 31, 2025, 3:00:00 AM
Terms Options: Flexible - Owner owns this building
- Leasehold Rent:
-
$7,375 per annum
- Location:
-
Type of Location: Free-Standing
- Premises Details:
-
Currently with 11 locations throughout FL
- Size in square feet:
- 2,500
Business Operation
- Expansion Potential:
-
There will be a new product cycle for the first time in 5 years happening in September 2024. They is also a huge opportunity to expand online sales. In 2022, the owner benefit was lower due to inventory being increased when the company added the last 2 sewing lines so they can have everything.
- Reasons for selling:
-
Retirement
- Trading hours:
-
M-Saturday 9am-5:30pm
- Employees:
- 45
- Years established:
- 79
Other Information
- Support & training:
-
Will train for 4 weeks @ no cost.
- Financing available:
-
Other Financing Amount
$3,385,800.00
Other Financing Interest
11.5%
Other Financing Term Months
120
Other Financing Monthly Payment
$47,602.81
- Furniture / Fixtures value:
- $100,000 - included in the asking price
- Inventory / Stock value:
- $1,700,000 - included in the asking price
