Lighting Showroom South Florida

Listing Number: 0101-313435

Description

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.

Listing Details

  • Price: $1,475,000
  • Down Payment: $280,000
  • Sellers Discretionary Earnings: $645,327
  • Total Sales: $1,698,364
  • Location: Miami-Dade County, Florida

  • Inventory: $2,000
  • FF&E: $200
  • Employees: 5
  • Year Established: 2004
  • Reason for Selling: Focus on other business venture
  • Category: Retail Miscellaneous

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