Listing #: 109-10388
Category: Retail
  • Listed Price $ 199,000
  • Down Payment $ 199,000
  • Gross Sales $ 352,448
  • Total Income $ 94,244
  • Equipment/Fixtures$ 50,000
  • General Location Palm Beach County
For more information contact:
Martin Berliant
Office: (561) 827-1181
Cell: (561) 827-1181
Office Website

Wholesale Liquidation Store

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 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 $199K 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.

Financial Information

  • Gross Sales:$352,448
  • Total Income: $94,244
  • Listed Price:$199,000
  • Down Payment $199,000

Financing:

Assets & Lease Information

  • Inventory: $120,000
  • Leasehold Improvements: $
  • Equipment/ Fixtures: $50,000
  • Base Rent: $0
  • Total Rent: $4,280
  • Rent Deposit: $0
  • Year Established: 2016
  • Square Feet: 7,500
  • Lease Ends: 6/2022
  • Lease Options:
  • Categories: Retail
  • Other Assets:

Additional Information

  • Full-Time Employees:2
  • Part-Time Employees: 0
  • Contract Staff: 0
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  • Training Period: 30 days
  • Special License Required: Wholesaler
  • Reason for Selling: retirement

First Choice Business Brokers

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.

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