Commercial property in Miami, Florida № 1872243

Property description

Step right into profits! Over 33 years in business, this company sells school/medical/workwear uniforms. Part retail / part distributor, they market over 10,000 SKUs. SALE INCLUDES ABOUT $250,000 WORTH OF INVENTORY. With a centrally located storefront in Miami, sales are done in-person and online. 2024 gross revenue is expected to be around $670,000. Gross margin is 55% and SDE is 20%. They have an impressive presence in the Caribbean, catering to over 50 clients in 9 different territories. They have built supplier and client relationships are decades strong. This is a lean operation - the workforce includes the owner and 3 loyal employees. Employee salaries are competitive. Although Owner/Operator is retiring, he is willing to stay onboard for 4 months to ensure a smooth transition.