Interior
- Bathrooms
- 0
Active · BusinessOpportunity
$750,000
Delray Beach, FL 33444
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1972
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
This is a unique opportunity to purchase a landmark Electric and Lighting Retail business! Operating since 1996, this business specializes in supplying electrical replacement parts for residential, commercial, and industrial facilities. They offer a vast inventory of parts for obsolete electrical distribution systems. As manufacturers change or go out of business, many users need parts only available in the aftermarket. The company has also developed a strong market in LED lighting, representing leading manufacturers and stocking indoor and outdoor LED products. They distribute to electrical and HVAC contractors, as well as maintenance and repair companies. The business is sold fully staffed and equipped, ready for a new investor to take over. It currently nets $214,273 annually.
Property location
Get DirectionsDelray Beach, FL 33444
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Facts & features
Exterior & Structure
- Property type
- BusinessOpportunity
- Year built
- 1972
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Palm Beach
- MLS listing ID
- A11619550
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,468
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $3,555/mo
- Down payment
- $187,500
- Loan amount
- $562,500
- Annual NOI
- $25,050
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.