Commercial property in Tampa, Florida № 1339043
1
ID1339043
$ 10 000 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Situated in the dynamic and fast-growing Central Florida region, this distinguished furniture retailer has solidified its reputation as a leading destination for high-quality, stylish home furnishings. With a customer base that spans beyond the state of Florida, the business offers an extensive selection of furniture that seamlessly blends contemporary and classic styles. A key asset of this business is its flagship location, which features a spacious 63,000 sqft showroom alongside a 60,000 sqft warehouse. This state-of-the-art facility is the operational heart of the business, showcasing a diverse range of products from custom furniture pieces to premium outdoor furnishings, all sourced from top-tier brands known for their quality and craftsmanship. The business is further supported by a robust online presence, including an interactive e-commerce platform that enables customers to explore customization options and make convenient online purchases. Financially, this debt-free business has consistently achieved impressive revenue growth year over year, with annual sales well north of $15,000,000 for the past three years. It generates over a million dollars in cash flow annually, demonstrating its strong profitability. With a positive trajectory, the business is on track to exceed $20,000,000 in revenues in the coming years. In the first quarter of 2024 alone, revenues reached nearly $5,000,000, showcasing the business's continued growth and profitability.
For strategic buyers, this business represents a chance to enhance market share in a lucrative area, while private equity firms may see it as an excellent platform for further growth or a strategic add-on acquisition. The business has been financially reviewed by several banks, making it well-positioned for a range of financing options. The current owner is willing to consider seller financing based on the buyer’s qualifications and financial standing.
MLS #: T3552145
Tampa - Statistics
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| Parameters | Tampa |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 000.65 |
| Apartment (1 bedroom) Outside of Centre | $ 1 579.88 |
| Apartment (3 bedrooms) in City Centre | $ 3 676.15 |
| Apartment (3 bedrooms) Outside of Centre | $ 2 639.88 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 4 062.31 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 352.93 |
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| Parameters | Tampa |
|---|---|
| Crime Index | 45.45 |
| Cost of Living and Rent Index | 61.02 |
| Purchasing Power Index | 150.99 |
| Property Price to Income Ratio | 3.15 |
| Safety Index | 54.55 |
| Traffic CO₂ Index | 9188.58 |
| Traffic Inefficiency Index | 199.14 |
| Rent Index | 46.63 |
| Health Care Index | 67.84 |
| Groceries Index | 83.70 |
| Pollution Index | 32.46 |
| Traffic Commute Time Index | 36.18 |
| Restaurant Price Index | 76.23 |
| Climate Index | 84.67 |
| Cost of Living Index | 73.14 |
| Quality of Life Index | 192.84 |
| Traffic Index | 173.43 |
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| Parameters | Tampa |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 20.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 92.50 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 11.20 |
| Domestic Beer (0.5 liter draught) | $ 7.00 |
| Imported Beer (0.33 liter bottle) | $ 8.50 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.56 |
| Water (0.33 liter bottle) | $ 2.01 |
| Cappuccino (regular) | $ 5.02 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.18 |
| Loaf of Fresh White Bread (500g) | $ 3.86 |
| Eggs (regular) (12) | $ 4.31 |
| Local Cheese (1kg) | $ 17.72 |
| Water (1.5 liter bottle) | $ 2.66 |
| Bottle of Wine (Mid-Range) | $ 15.00 |
| Domestic Beer (0.5 liter bottle) | $ 2.38 |
| Imported Beer (0.33 liter bottle) | $ 3.59 |
| Cigarettes 20 Pack (Marlboro) | $ 8.43 |
| Apples (1kg) | $ 6.57 |
| Chicken Fillets (1kg) | $ 10.40 |
| Oranges (1kg) | $ 5.04 |
| Potato (1kg) | $ 4.70 |
| Lettuce (1 head) | $ 2.49 |
| Rice (white), (1kg) | $ 4.95 |
| Tomato (1kg) | $ 5.17 |
| Banana (1kg) | $ 1.58 |
| Onion (1kg) | $ 4.13 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 15.97 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.13 |
| Monthly Pass (Regular Price) | $ 70.50 |
| Gasoline (1 liter) | $ 0.93 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 36 050.00 |
| Taxi Start (Normal Tariff) | $ 2.50 |
| Taxi 1km (Normal Tariff) | $ 1.49 |
| Taxi 1hour Waiting (Normal Tariff) | $ 30.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 26 955.19 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 261.58 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 69.12 |
| $ 69.35 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 5 097.06 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.52 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 30.56 |
| Tennis Court Rent (1 Hour on Weekend) | $ 18.75 |
| Cinema, International Release, 1 Seat | $ 16.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 60.31 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 41.42 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 101.75 |
| 1 Pair of Men Leather Business Shoes | $ 154.23 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 1 394.00 |
| International Primary School, Yearly for 1 Child | $ 14 000.00 |
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
Contact the seller
CityTampa
Address12218 N 56TH ST
TypeCommercial property
Price
- Price
- per m²
$ 10 000 000
- EUR €
- USD $
- RUB ₽
- GBP £
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