Business for sale at www.bizbrokersfl.com: SERVICE/RETAIL

PROFILE 10-2689SLA

Location:	Florida	SERVICE/RETAIL
Sales Price:	$3,000,000	Down Payment: $1,500,000

Executive Summary

This 8,000 square feet well organized full service company is the area's finest. The business has been operated since the mid 1980's. The present customer base is made up of a middle to affluent population and highly selective commercial accounts. The seller employs 40-45 employees and management team. A general manager is in charge of the overall supervision of employees and owner's daughter oversees corporate sales/marketing, (i.e., Major Hotels and Companies). There is no union and the company uses a leasing company for payroll, also providing 401K benefits, paid vacations, bonuses and social activities. Business is fully computerized using a customized software which is maintained and supported by a programmer. Recognized in the top twenty companies in their industry across the country, this premier service/retail company believes there is continued growth opportunity. With very little capital out lay both the south and east areas of the present core County, can be increased. Internet sales also provides increasing revenue. Seller states operations are set up for franchising if new owner so desires. Financial information is from the company CPA. All tax returns and other supporting documentation are readily available for due diligence review. * ADDITIONAL ADJUSTMENTS to include owner's salary and benefits TBD which will reflect as an increase in SDE (EBITDA + Owner's salary/benefits)

Other Highlights

This 8,000 square feet well organized full service company is the area's finest. The business has been operated since the mid 1980's. Recognized in the top twenty companies in their industry across the country, this premier service/retail company believes there is continued growth opportunity.
The seller employs 40-45 employees and management team. A general manager is in charge of the overall supervision of employees and owner's daughter oversees corporate sales/marketing, (i.e., Major Hotels and Companies). There is no union and the company uses a leasing company for payroll, also providing 401K benefits, paid vacations, bonuses and social activities. Excellent staff organization allows the Seller to travel extensively for his other businesses.
Financial information is from the company CPA. All tax returns and other supporting documentation are readily available for due diligence review after a signed confidentiality agreement and non-binding LOI. * ADDITIONAL ADJUSTMENTS to include owner's salary and benefits TBD which will reflect as an increase in SDE (EBITDA + Owner's salary/benefits)
The present customer base is made up of a middle to affluent population and highly selective commercial accounts. Business is fully computerized using a customized software which is maintained and supported by a programmer. Recognized in the top twenty companies in their industry across the country, this premier service/retail company believes there is continued growth opportunity. With very little capital out lay both the south and east areas of the present core County, can be increased. Internet sales also provides increasing revenue. Seller states operations are set up for franchising if new owner so desires.
Business is fully computerized using a customized software which is maintained and supported by a programmer. With very little capital out lay both the south and east areas of the present core County, can be increased. Internet sales also provides increasing revenue. Full fleet of delivery vehicles. Seller states operations are set up for franchising and wholesale distribution if new owner so desires.
This 8,000 square feet well organized full service company is the area's finest. The business has been operated since the mid 1980's. Locally and nationally recognized year after year as the Best of the Best.

Business Synopsis
Business Format:	Corporation	Facilities:	block
Established in:	1980	Square Footage:	8,000
Years Owned:	30	Lease Expires:	12/31/2018
Employees:	7 Mgrs	Monthly Rental Expense:	$12,589
Reason for Sale:	Other businesses require attention
Owner Financing:	Seller financing to well qualified buyer.
Training Provided:	52 weeks

Asset Information (estimated fair market value)
Inventory:	$40,000	Included
Furniture, Fixtures & Equipment:	$525,500	Included
Other Assets Included:	$208,000	Included
Total Assets Included in Sale:	$773,500

Operating History

2009

2008

2007

	Financial Source	Tax Return	Tax Return	Tax Return
	Gross Sales	$4,398,498	$4,817,789	$5,379,517
	Gross Profit	$2,600,654	$2,601,728	$3,128,851
	Discretionary Earnings *	$389,130	$105,405	$684,517
* Recasting provides an economic view of the Business, allowing meaningful comparison with other investment opportunities.

DISCLAIMER: All information contained in this document has been provided by the subject company or its shareholder(s), and while believed to be correct, has not been verified. Accordingly, we make no representations or warranties as to the accuracy or truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this information.

COLLINS & COLLINS INVESTMENTS
801 BRICKELL AVENUE
MIAMI, FL 33131-2945