Listing Number: 2201-998007
Incredible 51% sales increase in Q1 2021 vs. 2020. 56% net income increase in 2020, during COVID!
This is a unique opportunity for an owner operator or investor, willing to make a solid entry or expand into this booming industry. This long-established Party Supplies Mega Store is the go-to place for everything related to parties in South Florida. With more than 6,000 items in 15,000 sf of store floor, this impressive retailer has become the dominant player in its area, with steady growth in sales and profits despite virtually no marketing efforts for several years.
There are lots of potential upsides and additional growth possibilities, like extended hours, opening on Sundays, online sales, social media, rentals, etc.
After 25 years the owner wants to retire and will facilitate the transition for two months at no cost.
May qualify for a Visa.
- Price: $3,500,000
- Down Payment: $2,800,000
- Sellers Discretionary Earnings: $424,840
- Total Sales: $1,459,765
- Location: Miami-Dade County, Florida
- Inventory: $1,000,000
- FF&E: $300,000
- Employees: 6
- Year Established: 1995
- Reason for Selling: Retirement
- Category: Retail Miscellaneous