Miami, FL
$625,000
Miami, FL 33142
72,000
NOI
1979
Year Built
Details:
Highlights:
- Building Features: Heavy Traffic, Inside Corridors, Manager On Premises, Office, Private Restrooms, Separate Warehouse Area, Showroom, Storage
- Gross Income: 332000
- Documents Available: Books & Records, Contracts, Financial Statement, Inventory, Copy Of Lease(S), Photos, Stock Inventory, Tax Return
- Cooling: Central Individual A/C
- Heating: Central Individual A/C
- Construction Materials: CBS Construction, Stucco
- Parking Features: Common, Free Parking
- Security Features: Smoke Alarm, Fire Sprinkler System, Security Lights, Security System
- Insurance Expense: 999
- Ownership: Self Proprietor/Individual
Description:
Step right into profits! Over 33 years in business, this company sells school/medical/workwear uniforms. Part retail / part distributor, they market over 10,000 SKUs. SALE INCLUDES ABOUT $250,000 WORTH OF INVENTORY. With a centrally located storefront in Miami, sales are done in-person and online. 2024 gross revenue is expected to be around $670,000. Gross margin is 55% and SDE is 20%. They have an impressive presence in the Caribbean, catering to over 50 clients in 9 different territories. They have built supplier and client relationships are decades strong. This is a lean operation - the workforce includes the owner and 3 loyal employees. Employee salaries are competitive. Although Owner/Operator is retiring, he is willing to stay onboard for 4 months to ensure a smooth transition.
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