Are you looking to buy a business in Tampa Bay? Want to keep up to date with all the possible business listings in the area? Are you looking to find a qualified, trusted business broker that can help you achieve your goals of owning a business? Then, look no further! Bringing to you a new addition to our monthly e-newsletter is a client spotlight feature from our listing. Read all about this 70+ year established business in South West Florida that is currently up for grabs!
Recently listed, is a 70+ year established business in South Florida with not just one but nine locations! The company’s sales are well above 10 mil and have been incremental for the past 20 years, growing 10% – 15% per year and margins range of up to 50%. The business functions well overall, in fact, 2018 has been the best year so far. The company has been very successful in meeting all their goals this year.
The purchase price is $2.99 million and that includes over one million dollars in inventory. The business is SBA qualified with 20% down. The owner works in the business but clocks less than 40 hours per week and his benefit is projected to be approximately $650,000 in 2018.
There is no experience needed to run the business and the owner will help the buyer to transition smoothly! So, if you’re looking for a well-established business, this might be a good deal to check out! Click on this link to find out more information about this listing.
Talk to Tampa Business Broker, Dave DeCamella, to find out about this and many other listings.
