70+ year Service & Educational Company Internet & Retail Sales
Manatee County, FL
| Asking Price: | $3,500,000 |
| Gross Revenue: | $13,983,757 |
| FF&E: | $100,000 |
| Cash Flow: | $1,031,553 |
| Inventory: | $1,700,000 |
| Established Year: | 1945 |
Listing ID: 2229734Listing provided by BizBuySell
BUSINESS DESCRIPTION
Unmatched Legacy: 70+ Years of Expertise in Service, Education, and Retail Sales
70+ year service and education orientated company with internet and retail sales. Solid and consistent annual growth from 1999 – 2024. They have the largest geographical footprint in industry with exclusive dealerships for most brands. They consistently win annual incentive trips from vendors across the world. Currently with 11 locations throughout FL and exponential growth opportunity for online sales and specialty events. Please refer to listing #3353-708255, Agent Dave DeCamella when inquiring about this listing. Thank you!
DETAILED INFORMATION
Location
Manatee County, FL
Inventory
Included in asking price
Employees
45
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Type of Location
Free-Standing
Facilities
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
Growth & Expansion
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.
Financing
Other Financing Amount $3,385,800.00 Other Financing Interest 11.5% Other Financing T
Support & Training
Will train for 4 weeks @ no cost.
Reason for Selling
Retirement
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