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Palm Beach County

  • Listing No.: 109-10388

  • Category: Retail

Asking Price $125,000
Down Payment $125,000
Gross Revenue $352,448
Total Adjusted Net Income $94,244
Equipment/Fixtures $50,000
Year Established 2016
General Location Palm Beach County
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Very profitable and unique niche retail and wholesale liquidation super-store selling large array of bargain items. Company makes bulk merchandise purchases (mostly electronics, home decor items, tools, kitchen and bath items, etc) through contractual deals from big box retailers and sells it for massively marked down prices. Big box retailers benefit because they are getting rid of excess, lost, or unwanted inventory. Store has 7500 sq ft facility containing enormous amount of systemically tracked inventory (by computer). Rent very reasonable at $4280/month with long term lease. About half of store's customers are contractors, balance is the general public. Cost of goods less than 30%! Enormous mark-up and profits. Relatively easy business to run and much room for expansion by performing on-site tool repair, renting tools, having an installation department, and ramping up on-line sales. Company has outstanding website with 50 visitors per day and growing. Asking price of $125K for the business; inventory is separate and approximate value (at cost) is $120K. Owner is serial entrepreneur who started business in late 2016 and is choosing to retire. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure statement is required.

Gross Revenue $352,448 Listed Price $125,000
Total Income $94,244 Down Payment $125,000
Base Rent $0 Square Feet 7500
Total Rent $4,280 Lease Expiration 6/2022
Rent Deposit $0 Lease Options
Inventory $120,000 Leasehold Improvements
Equipment/ Fixtures $50,000 Other Assets
Full-Time Employees 2 Training Period 30 days
Part-Time Employees 0 Special License Required Wholesaler
Contract Staff 0 Reason for Selling retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.