Completely owner absentee business nets $87,000 asking $99,000
Lee County, FL
| Asking Price: | $99,000 |
| Gross Revenue: | $380,000 |
| Rent: | $3,800/Month |
| FF&E: | $30,000 |
| Cash Flow: | $87,000 |
| Inventory: | $40,000 |
| EBITDA: | $87,000 |
| Established Year: | 1997 |
Listing ID: 2258150Listing provided by BizBuySell
BUSINESS DESCRIPTION
ABSENTEE BUSINESS NET ALMOST $100,000 A YEAR for $99,000
This a custom framing shop that has been established for 27 years. GREAT TEAM IN PLACE AND OUR BUSY SEASON IS JUST AROUND THE CORNER. FLAWLESS REPUTATION AND STORE LOCATED IN VERY AFFLUENT AREA OF SOUTH FLORIDA!
DETAILED INFORMATION
Location
Lee County, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
01/09/2028
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Business to include all equipment in sale.
Competition
Store has been around for almost 30 years and just has a pristine reputation. No one HAS EVER ADVERTISED SO DOING THIS WOULD PROBABLY INCREASE BUSINESS BY 20-30%
Growth & Expansion
OPENING 7 DAYS A WEEK.TAKING IN MORE COMMERCIAL JOBS.DOING DELIVERY!
Financing
May offer a very small percentage of owner financing with like 85% down.
Support & Training
Ongoing and on the job training for two weeks
Reason for Selling
OTHER BUSINESS VENTURES
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