This business is registered in Wyoming and also in Florida. It trades from Florida and owns a property in prime Palm Beach which has a market value of $110,000.
The business was established in 2007 and has a DNB rating with various supplier credit lines. It is prime to be used to borrow money.
The property can be rented for a monthly rental of $1,200 to $1,300.
Monthly HOA fees of : $245 (which includes buildings insurance)
Annual Property Taxes of: $2,071
The property can be viewed at the below link.
The company has filed tax returns every year and comes with an existing NOL, which is beneficial as you won't be paying tax for a while on income generated.
Sale Reason: Owner is British and is concentrating on UK investments.
Established business with DNB credit rating, with trade credits. It is prime for borrowing.
Reason For Selling:
Owner is British and is concentrating on British investments.