Party Supplies Mega Store in Miami

Listing Number: 2201-998007

Description

This long-established store is the go-to place for everything related to parties. 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 despite virtually no marketing efforts for several years. After 25 years the owner wants to retire. Lots of potential upsides and low hanging expansion possibilities like extended hours, opening on Sundays, website, online sales, social networks, etc. 56% growth in Net Earnings 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. Seller will facilitate transition for two months at no cost.

Listing Details

  • 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
Party Supplies Mega Store in Miami

Contact Agent:

Thomas R Milana, P.A. CBI
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