Listing Number: 0101-308109
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 with in 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.
Listing Details
- Price: DH 450,000
- Down Payment: DH450,000
- Sellers Discretionary Earnings: DH 145,285
- Total Sales: DH 642,587
- Location: Broward, Florida
- Inventory: DH 150,000
- FF&E: DH 50,000
- Employees: 4
- Year Established: 20
- Reason for Selling: True Retirement
- Category: Animals/Pets
