99551 Overseas Hwy Highway

Key Largo, FL 33037 / Misc Sub MM 97-107 (98.0)

MLS ID# 597153 Closed
Business Opportunity

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Closed $107,000

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• Description
• Location, Tax & Legal
• General Property Description
• Details

Description

Long time, 30 plus years, well established business. Great lease from Bank of America at 2,984.20 which includes all utilities. Brand new 2021 Nissan delivery van with a $5,000 advertising wrap. The cost of flowers is approximately $2,000 per week and the industry norm is a 4-5 time market up. Key Largo Flowers and Gifts averages a 4 time mark up or an $8,000 weekly gross which leaves a $6,000 profit per week. Averaging $312,000 annually. Plus the sales of their gifts, lottery ticket sales, and jewelry. Fantastic Key Largo location in the Bank of America building and the only local florist. The business has several regular motel clients and wedding vendors, but there is a lot of room for expansion. Long time, 30 plus years, well established business. Great lease from Bank of America at 2,984.20 which includes all utilities. Brand new 2021 Nissan delivery van with a $5,000 advertising wrap. The cost of flowers is approximately $2,000 per week a... show more

Location, Tax & Legal

• Street # 99551
• Street Name Overseas Hwy
• Street Suffix Highway
• Key/Island Key Largo
• City KEY LARGO
• State/Province FL
• Zip Code 33037
• Subdivision Misc Sub MM 97-107 (98.0)
• Mile Marker 98
• County Monroe
• Area 27 - Key Largo MM 97-107
• Marathon Neighborhood N/A
• Side Ocean
• Parcel # 00000
• Zoning SC - Sub Urban Commercial District
• Legal N/A
• Taxes 0
• Tax Year 2020

General Property Description

• Realtor.COM Type Commercial
• Style Business Opportunity
• Lot SqFt 0
• Waterfront No
• Business Type Retail
• Business Name KL Flowers and Gifts
• # Parking Spaces 8
• # Stories 1
• Building SqFt 1750
• Year Built 1975
• Full Baths 0
• Half Baths 1
• Total Baths 1
• Gross Income 361000

Details

• Type

  Retail

• Cooling

  Central Air, Heat

• Floor

  Carpet, Tile

• Building Style

  Ground Level

• Construction

  CBS, Concrete

• Dockage

  None

• View

  None

• Waterview

  None

• Miscellaneous

  High Traffc Location, Highway Frontage

• Rent Includes

  Electric, Water

• Show

  Call List Agent, LA Must Accompany