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Lighting Showroom In South Florida For Sale

South Florida, Florida
Asking Price:
$1,475,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,698,364 (USD)
Cash Flow:
$645,327 (USD)

Great Opportunity!!! This 15 year, absentee owned business is the #1 lighting, arts & decor store-showroom in South Florida. Well known working with many VIPs and perform custom art projects with world famous artists. Run as is now, EBITDA w/absentee owner is $514,676. "Owner's Benefit" of $643,760 assumes Buyer replace Mgr. Exclusive vendor relationships in place w/many suppliers, furniture vendors & artists. Best possible retail location & demographic in S. Florida. Inventory of $200,000 @cost is inc. All prospects to providing listing Broker with financial statement/proof of funds before disclosure.SBA Pre-Approved. Good for work visa. Please refer to listing 0101313435 Business Broker Moche Hazout when you inquiry about this listing.

Property Information

Real Estate:


Lease Terms:

Lease/Month: 16250 Square Footage: 5000 Building Type: End Cap Plaza
Terms & Options: Available-See Broker Expiration Date: 12/31/2019

Leasehold Rent:

$16,250 (USD) per annum

Premises Details:

Lease/Month: 16250 Square Footage: 5000 Building Type: End Cap Plaza
Terms & Options: Available-See Broker Expiration Date: 12/31/2019

Business Operation

Competition / Market:

Non Compete : Miles: 25 Years: 4

Reasons for selling:

Focus on other business ventures

Years established:

Other Information

Support & training:

For 3 weeks at no cost

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Loan/Seller - Amt: 148,500 Mos: 36 Rate: 6.50 Mo Pmt: 4,551.38
Loan/Other - Amt: 1,046,500 Mos: 120 Rate: 8.25 Mo Pmt: 12,835.60

Furniture / Fixtures value:
$20,000 (USD) - included in the asking price
Inventory / Stock value:
$200,000 (USD) - included in the asking price

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