Retail Business For Sale in Coconut Grove Florida

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Profitable Sports Clothing, Footwear & Accessories Store

Location:Coconut Grove, Florida

Category:Retail

Asking Price:$99,000

  • Sales revenue : $540,000
  • Net profit : $94,189
  • Furniture/Fixtures value : $12,000
  • Inventory/Stock value : $35,000
  • Profitable Sports Clothing, Footwear & Accessories Store
  • Profitable Sports Clothing, Footwear & Accessories Store
  • Profitable Sports Clothing, Footwear & Accessories Store
  • Profitable Sports Clothing, Footwear & Accessories Store
  • Profitable Sports Clothing, Footwear & Accessories Store

Business description

High End Running Store.  Owner changed business model 11-2018. Transitioned merchandise to High End Sneaker Boutique in Coconut Grove.  Jennifer Lopez, Alex Rodriguez & Jessica Biel are clients. High End European Clientele (France & Britain) are Generating higher revenue. Centrally Located next to Biscayne Bank, 3 doors from Lulu, across from Green Street Cafe. Restaurants bring 90% of the traffic to the Grove-Green Street Cafe, Lulu, Lokal, Strada Farnelli & Gelato Bianco (World Famous Gourmet Ice Cream). Historic Cruz Building famous artist shoot music videos & millionaire host events. Across the street Griffin (High End Women Boutique). Valet conveniently located in front of store.

Asking Price: $99,000

Cash Flow: $94,189

Gross Revenue: $540,000

EBITDA: $94,189

FF&E: $12,000

Inventory: $35,000

Rent: $4,800 /Month

Established: 2015

Other Information

  • Is Business Relocatable?: Yes
  • Is Business Home Based?: No
  • Years Established: 2015
  • Employees: 1
  • Support Training: 2 weeks@ $0 Cost
  • Reason For Selling: Owner has other interests
  • Lease Terms: Lease Rate: $4,800 /Month Building SF: 1,000
United Realty Group
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