Great Opportunity! Profitable 10y Business Urgent Sale

Santo Domingo, Caribbean Islands

Seller Financing Available
Contemporany

Asking Price:$1,200,000

Cash Flow:$250,000

Gross Revenue:$1,000,000

EBITDA:N/A

FF&E:$40,000

Inventory:$285,000

Rate/Sq. Ft.:$0.70

Established:2006

Great Opportunity! Profitable 10y Business Urgent Sale

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Business Description

20%-25% Net Income/Profit per year

This is a very attractive opportunity for a driven entrepreneur that wants to expand business in Dominican Republic. Our relations with our brands and factories in Europe began in 2006, more than 10 years of loyal relationship that has create a profitable business, managed with own resources, our company is financially healthy and has no debts.
South America businessmen had come and start profitable business, Venezuelan and Chilean mainly and have received return of investment in as little as 1 year!
Dominican Republic is the best construction market in the Caribbean and has been growing in the last 15 years, now better than ever, DR government has approved the biggest residential development of the Americas, more than 25,000 residential units will start construction in 2017, this is a ONE in a lifetime opportunity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
5,500
Lease Expiration:
6/1/2020
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Our warehouse, offices and showroom are located in the same building in a A+ location, the convenient location is perfect for both industrial and commercial purposes, more than 3,000 sf of inventory are present constantly, being one of the multiple reasons of our success.
Competition:
We are #1 Company in multi-familiar residential projects, we have focused our activity in wholesale, distribution and installation, our brand is synonymous of service, quality and excellence. Other European competitors are present but focused on retail.
Growth & Expansion:
Wholesale activity has given so much profit and work that we haven't develop the retail market, this could mean to double or triple the earnings and profits. Also we haven't enter to the hotels and hospitality markets yet.
Financing:
Up to 50% Payment could be received in Realty Properties in South Florida
Support & Training:
Will be provided either in Dominican Republic or Miami
Reason for Selling:
Retirement of principal

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Business Listed By:
Godreau & Asso

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