Lighting, Art & Decor Store & Showroom

Miami, FL (Miami-Dade County)

Seller Financing Available
Lighting, Art & Decor Store & Showroom
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Asking Price: $1,950,000

Cash Flow: $643,760

Gross Revenue: $1,892,218

EBITDA: N/A

FF&E: $20,000

Inventory: $200,000

Rent: $16,250 /Month

Established: 2003

Lighting, Art & Decor Store & Showroom

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Business Description

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. 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. Please refer to listing #0101-707714 & ask for Moche Hazout when inquiring.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
12/31/2018
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5K sq. ft. store/showroom @ $16,250/mo.
Competition:
Unknown
Growth & Expansion:
Unlimited
Financing:
Seller will finance at $650k for 60 months at 6.50%= $12,718.00 monthly payment
Support & Training:
Seller will train for 3 weeks
Reason for Selling:
Focus on other business venture
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Contact the Seller

(from currently available funds)
 
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Moche Hazout

Business Listed By:
Moche Hazout

Transworld Business Brokers, LLC.

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Sponsoring Broker:
Andrew Cagnetta

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