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Listing ID: 1387405

With Assets of over $100,000! Established Florida Business For Sale

Palm Beach, Florida, United States

BUSINESS SOLD


(Real Estate Included)

Revenue: $ under 100k

Cash Flow: $ 0 to 100k

Business Description

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.

Property Details

Years Established:

2007

Property Type:

Real & Lease

Real Estate Value:

$ 110,000

Other Details

Business Location:

Palm Beach

Premise Details:

Palm Beach

Expansion Potential:

Established business with DNB credit rating, with trade credits. It is prime for borrowing.

Operation Details

Employees:

0

Miscellaneous

Reason For Selling:

Owner is British and is concentrating on British investments.