South Florida Aquarium Store Established 20 Years

Asking Price$450,000

Cash Flow
$145,285
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$642,587

Inventory$150,000
Included in asking price
FF&E$50,000
Included in asking price
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South Florida Aquarium Store Established 20 Years


Asking Price$450,000

Cash Flow
$145,285
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$642,587

Inventory$150,000
Included in asking price
FF&E$50,000
Included in asking price
Business Description
For almost 20 years, this South Florida aquarium store has set the standard for the retail aquarium industry by offering the widest range of products and services and by serving all aquarist from the novice to the seasoned enthusiast both local and around with country within house specialty shipping services. On entering the store, one is immediately surrounded by state of the industry, computer controlled marine aquariums filled with domestic and exotic saltwater and marine fish inventory as well as coral, invertebrates, rocks and plants. The store is filled with everything to support the hobbyist with a great selection of dry goods from aquariums and stands, accessories, filters, heaters, pumps and food products. The business offers complete design, installation and maintenance services. Current service agreements in place with 30 customers (25 residential & 5 commercial) generating $15,000/month income). Sale of water products (very high margin) is considered residual business as local customer return on a regular basis for water products. The sale of this business includes the Seller’s difficult to obtain Federal Import/Export license allowing Buyer significant advantages in buying tropical fish and other related products (contact Broker for details). This is a true retiring sale; the owner of this business has never worked this business full time rather, while pursuing his full time professional career has relied on a management team to operate the business for him instead. The financials have been adjusted to allow for a Buyer to operate as a full time owner-operator. Virtually no advertising done, all organic promotion- 11,000+ Instagram followers. An incredible world of potential for a full time hands hand owner operator. This is a great family business and potentially a wonderful E-2 Visa opportunity business . Tax Return Record records.
About the Business
Years in Operation
20
Employees
31
Facilities & Assets
2200 SF in retail plaza @ $4,408/mo.
Market Outlook / Competition
Unknown
Opportunities for Growth
Unlimtied
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$4,408.00 per month
About the Sale
Seller Motivation
True retirement
Transition Support
Seller will train for 4 weeks
Listing Info
ID
2374036
Listing Views
253

Contact Seller

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Business Listed by: Randy Bring Transworld Business Brokers, LLC.

Listing ID: 2374036 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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