Beautiful Lighting, Accessories and Home Furnishing store
- Listing Id: 0487
- Broker Name: Larry Wilson
- Category: Furniture and Home Decorating
- Asking Price: $799,000.00
- EBITDA: $371,708.00
- Real Estate: N/A
- Cash Flow: $446,180.00
- Inventory: $279,000.00
- No. Of Full-Time Employees: 6
- No. Of Part-Time Employees: N/A
- Gross Income: $2,683,659.00
- FF&E: N/A
- Year Built: 2006
- Address: Click Here
- Zip Code: Click Here
- City: Sarasota
- State: FL
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Growing business selling at only 1.8 times current Cash Flow of $446,180!! This gorgeous mid-upper end lighting, accessories and home furnishing store is situated in an ideal location in one of the fastest growing areas in Florida. The sale of existing homes and housing market in general has taken off and home owners are rapidly upgrading their homes and this business is perfectly situated to capitalize on the growth in demand. There are currently 10,000 new homes being constructed in the business's direct market area. Very professionally run business enjoys excellent relationships with home builders in the area. Business has strong talented in-house professional designers to assist customers with planning, blueprinting and lighting configurations etc. Lighting and lighting accessories accounts for about 66% of their sales, with ceiling fans, art, furnishing and related accessories making up the balance.
Financial Summary
N/A
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