CONFIDENTIAL PROFILE
44280090
Location: Vero Beach, Florida   Retail Miscellaneous
Gross Sales: n/a     Recast earnings* (Owner Benefit): n/a
Executive Summary
       
Florida's ultimate home accessory warehouse. Supplies both Palm Beach decorator's as well as the general public. Approx.3000 sq.ft. of warehouse filled with extraordinary home accessories including lamps, mirrors, silk plants, art work, furniture and more. Products seen at most decorator store's. Products are purchased internationally and supplied by Licensor. First quarter 2004 number's grew by 52% over same time frame last year!
Other Highlights
       
Business Synopsis
 
Asset Information (estimated fair market value)
Established in: 2002 Inventory: $ 100,000
Employees: 2 Furniture, Fixtures & Equipment: $ 2,000
Facilities: 3000sqft Real Estate: Leased
Business Format: Corp Total Assets $ 102,000
Operating History
         
Year
Gross Sales
Gross Profit
Adjusted Earnings (Owner Benefit)*
2004
$ 792,000
$ 312,000
$ 172,836
2003
$ 600,451
$ 298,380
$ 132,000
(*) Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
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