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Pines Blvd

Pembroke Pines, FL 33029
  • $450,000
  • STATUS: Active
  • ON SITE: 118 Days
  • ID#: F10326300
UPDATED: 33 min ago
$450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
2020
County:
Area:

School Ratings & Info

Description

Kitchen and Bathroom remodeling business is looking for an investor for 50% share of their Pembroke Pines branch. Company operates in the kitchen and bathroom renovation field and has branches in Pembroke Pines and Boca Raton. 3 existing partners have decided to sell 50% of the first branch with a value of $450,000. Currently, this location generates $300K-$400K in net profit/year and the new partner will be entitled to 50% of the net profit to be generated. (100% valuation is $900K. 50% value on sale is $450K) to a prospective investor who will be in charge of the business and will work full time and get paid a salary of $72,000/annum in addition to the profit share. For 3-months period after the sale, all necessary training will given to the new partner and full support will be provided.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2022 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2022-08-09T21:18:55.883.
www.mrcflorida.com/homes/127632912
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Pines Blvd Pembroke Pines, FL 33029

  • Price: $450,000
  • Status: Active
  • On Site: 118 Days
  • Updated: 33 min ago
  • ID#: F10326300
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2020
Built
Neighborhood:
3180
County:
Broward
Area:
3180
Property Description
Kitchen and Bathroom remodeling business is looking for an investor for 50% share of their Pembroke Pines branch. Company operates in the kitchen and bathroom renovation field and has branches in Pembroke Pines and Boca Raton. 3 existing partners have decided to sell 50% of the first branch with a value of $450,000. Currently, this location generates $300K-$400K in net profit/year and the new partner will be entitled to 50% of the net profit to be generated. (100% valuation is $900K. 50% value on sale is $450K) to a prospective investor who will be in charge of the business and will work full time and get paid a salary of $72,000/annum in addition to the profit share. For 3-months period after the sale, all necessary training will given to the new partner and full support will be provided.
Exterior Features

Location Of Property City Location Parking Description Assigned ParkingCommon Parking Parking Spaces 6

Property Features

Auction YN No Electric Service Other Electric Geographic Area Hollywood Central West (3980;3180) Ownership Limited Partnership Short Sale No Tax Amount 0 Tax Year 2020 Terms Considered Cash Only Zoning Information Comm

Listing provided courtesy of Xcellence Realty Inc. Listing information © 2022 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2022 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2022-08-09T21:18:55.883.
 
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Metro Realty Corp.
11471 W Sample Rd #40
Coral Springs FL, 33065