Printer






Niche Upholstery Business


Reason for Sale :  Moving out of state
General Location :  Collier County
Organization Type :  'LLC'     Hours Owner Works: 40
  :  Years Established : 96  Years Owned:  4  Emp FT:  5  Emp PT:  1  Mgrs:  0
Non Compete :  Miles:  100  Years:  3  Weeks Training:  4  Cost:  0
Operating dys/hrs :  M-F 9-4pm
Skills/Licenses :  Business experience
Business :  Is Relocatable: Y    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: Y    May Qualify For Visa: Y
Data Source P/L Statement Tax Return Tax Return  
Year (Cash Flow) 2018 (N) 2017 (N) 2016 (N)    
Gross Revenue 570,565 580,735 630,702  
Cost of Goods 130,066 265,514 217,148  
Gross Profit 440,499 315,221 413,554  
Expenses 348,313 177,282 270,206  
Net 92,186 137,939 143,348  
Owner Salary 55,184 17,900 14,000  
Benefits 66,186 20,169 11,821  
Interest Expense 0 0 0  
Depreciation 0 1,667 0  
Other 0 0 0  
Owner Benefit 213,556 177,675 169,169  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 100,000 Y* ___________ 0 N*
F F & E 20,000 Y* Total Assets 120,000 Y*
Leasehold 0 Y*   *Included?  

Lease/Month: 2,900 Square Footage: 2,400 Building Type: strip mall
Terms & Options:   Expiration Date: 10/30/2020

Loan/Assumable - Amt:  0   Mos: 0  Rate: 0.00   Mo Pmt: 0.00  
Loan/Seller - Amt:  0   Mos: 0  Rate: 0.00   Mo Pmt: 0.00  
Loan/Other - Amt:  0   Mos: 0  Rate: 0.00   Mo Pmt: 0.00  

GREGORY T. BELL Office :   (855) 969-3534  
ASSOCIATE Agent Direct :   (913) 226-7735  
SUNBELT BUSINESS BROKERS NAPLES & FT. MYERS Fax :   (866) 985-8735  
3510 KRAFT ROAD Cell :   (913) 226-7735  
NAPLES, FLORIDA 34109 Email :   [email protected]  
USA Home Page :   www.sunbeltnetwork.com/naples-fl

 




Background information

Reference:

NAPFL001-N42

Year established:

1995

Reason selling:

Moving

Finance

Sales:

$570,565

Profits:

$213,556

Profit type:

Discretionary Earnings

Operations

Employees:

5 FT 1 PT

Equipment:

3 Computers 2 Printers Sewing and Upholstery Tools 1 Desk Security Cameras 7 office chairs 2 Refrigerators 2 couches 1 Futon 1 TV 5 Sewing Machines Bookshelves 1 Compressor

Inventory:

100,000

Premises

Facility:

Strip Mall

Square footage:

2400

Rent and lease terms:

2900 per month lease through 10/30/2023

Location:

Collier County

Price and terms

Price:

$560,000

Down payment:

$560,000

Training:

4 weeks training