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Unique retail childrens store in excellent high foot traffic location


Category :  Retail Miscellaneous SIC :  5331  
Detail :  Retail Variety Store Price :  395,000  
County :  Sarasota Down :  395,000  
State/Prov :  Florida Disc Earn :  82,703  
Country :  USA Sales :  642,979  

Unique turnkey opportunity to purchase a well established boutique retail store that focuses on children's wear, toys & accessories. Located in an excellent high traffic location in a downtown area of a bustling South West Florida city. This retail store opened in 2002 & is busy throughout the year with the peak season being during the South West Florida tourist season from October through April due to prime location in a well renowned tourist area. Excellent opportunity for growth potential utilizing incremental marketing via online or social media presence. The business operates seven days a week and maintains a full staff of eight part time employees. Current 2200 Square foot location is leased. Includes inventory of approximately $96,000. E2 visa eligible.


Reason for Sale :  Retirement
General Location :  South West Florida
Organization Type :  Corp 'Sub S'     Hours Owner Works: 35
  : Years Established: 21  Years Owned:  21  Emp FT:  1  Emp PT:  8  Mgrs:  0
Non Compete :  Miles:  125  Years:  3  Weeks Training:  4  Cost:   $0
Operating dys/hrs :  Monday to Saturday (10.00am-5.00pm) Sunday (12.00pm-4.00pm)
Skills/Licenses :  Local Municipality Business License
Business :  Is Relocatable: Y    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: N    Should Qualify For Visa: Y

Data Source P/L Statement P/L Statement P/L Statement  
Year (Cash Flow) 2022 (N) 2021 (N) 2020 (N)  
Gross Revenue 642,979 622,036 451,770  
Cost of Goods 469,903 428,406 297,254  
Gross Profit 173,076 193,630 154,516  
Expenses 123,541 117,659 110,404  
Net 49,535 75,971 44,112  
Owner Salary 28,152 26,928 25,296  
Benefits 0 0 0  
Interest Expense 0 0 0  
Depreciation 0 0 915  
Other 5,016 2,246 5,835  
Discretionary Earnings 82,703 105,145 76,158  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 96,000 Y* ___________ 0 N*
F F & E 16,000 Y* Total Assets 112,000 Y*
Leasehold 0 N*
*Included?  

Lease/Month: 4356 Square Footage: 2200 Building Type: Commercial Strip
Terms & Options: Negotiable Expiration Date: 12/31/2024


EDWARD BELL Office :  (941) 667-1616  
ASSOCIATE Fax :    
  Home :    
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (941) 667-1616  
2640 GOLDEN GATE PARKWAY, SUITE 204        
NAPLES, FLORIDA 34105 Email :  [email protected]  
USA Home Page :  sunbeltofflorida.com

 



Listed By: Edward Bell

Background information

Reference:

53297

Finance

Sales:

$642,949

Profits:

$87,949

Profit type:

Discretionary Earnings

Price and terms

Price:

$395,000

Down payment:

$395,000