Thunder Cycle [email protected] Turn Key Business Well established business, currently...

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Each office is independently owned and operated. Sponsored By: Each office independently owned and operated Thunder Cycle Design Thunder Cycle Designs 940 NW 1st St | Ft Lauderdale , FL 33311 JOHN DEMARCO, ACP, CCIM 954-678-8733 [email protected] Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory, machinery, and business equipment. Custom chopper business and bike parts manufacturer. Real Property is available for sale at $2,600,000. RE/MAX 5 STAR REALTY 4151 Hollywood Blvd Hollywood, FL 33020 (954) 361-0000 www.DeMarcoGroup.com

Transcript of Thunder Cycle [email protected] Turn Key Business Well established business, currently...

Page 1: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

Each office is independently owned and operated.

Sponsored By:

Each office independently owned and operated

Thunder Cycle DesignThunder Cycle Designs940 NW 1st St | Ft Lauderdale , FL 33311

JOHN DEMARCO, ACP, [email protected]

Turn Key Business➢

Well established business, currently grossing 1mil a year netting approximately $200,000per year.

Over 1mil in inventory, machinery, and business equipment.➢

Custom chopper business and bike parts manufacturer.➢

Real Property is available for sale at $2,600,000.➢

RE/MAX 5 STAR REALTY4151 Hollywood BlvdHollywood, FL 33020(954) 361-0000www.DeMarcoGroup.com

Page 2: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

INVESTMENT DETAILS940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

ANALYSIS

Analysis Date March 2019

PROPERTY

Property Thunder Cycle Designs

Property Address 940 NW 1st StFt Lauderdale , FL 33311

Year Built 1964

FINANCIAL INFORMATION

All Cash

PURCHASE INFORMATION

Property Type Commercial

Purchase Price $500,000

Tenants 1

Total Rentable Sq. Ft. 17,160

LOANS

Type Debt Term Amortization Rate Payment LO Costs

All Cash

INCOME & EXPENSES

Gross Operating Income $999,996

Monthly GOI $83,333

Total Annual Expenses ($800,000)

Monthly Expenses ($66,667)

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Page 3: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

PROPERTY DESCRIPTION940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

    John DeMarco with Re/Max 5 Star Realty is pleased to present the sale the business named “Thunder Cycle Designsby Eddie Trotta.” The physical property is located in East Ft Lauderdale Florida. This building consists of 17,160 squarefeet of usable space. It includes a sales center/showroom, parts department, repair shop, manufacturing plant, ampleoffice space, and much more. The current build out cost well over $650,000.         The business “Thunder Cycle Designs,” is currently run and operated by world known motorcycle enthusiast EddieTrotta. This business manufactures in house custom choppers, baggers, and custom motorcycle parts. These custom-made parts are sold all over the world and are very desirable and popular. Please visithttp://www.thundercycledesign.com/ for additional information on the business. Previous years gross income hasaveraged $3mil in gross sales with a peak of $6mil. This business is currently grossing $1mil in sales nettingapproximately $200,000 per year. Included in this business sale is over $1mil in current inventory, business equipment,machinery, parts, and the ongoing use of Eddie Trotta’s name. A new operator can easily increase sales and overallrevenue with more aggressive marketing campaigns and aggressive management as shown in prior years. Thisbusiness is fully turnkey and ready to take over.  The business has been evaluated at $500,000, and the real property isavailable for sale for additional $2.6mil. Real property can also be leased at a market value. Both of which are priced tosell and below market value.  The business includes ever $1mil in inventory and equipment and being sold for only thisamount. Truly a once in a lifetime opportunity to acquire a world renown business. 

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Page 4: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

PROPERTY PHOTOS940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

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Page 5: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

PROPERTY PHOTOS940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

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Page 6: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

PROPERTY PHOTOS940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

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Page 7: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

PROPERTY PHOTOS940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

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Page 8: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

LOCATION MAP940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

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Page 9: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

FT LAUDERDALE940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Fort Lauderdale,

Florida

Incorporated on March 27, 1911, encompassing approximately 36 square miles with an estimated population of 176,747, Fort Lauderdale is the largest of Broward County's 31 municipalities and one of the ten largest cities in Florida. Embraced by the Atlantic Ocean, New River and a myriad of scenic inland waterways, Fort Lauderdale truly lives up to its designation as the "Venice of America."

Fort Lauderdale also offers an outstanding quality of life, highlighted by a semi-tropical climate, rich natural beauty and array of cultural, entertainment and educational amenities. Blessed with over 3,000 hours of sunshine each year and pleasant year-round ocean breezes, world-famous Fort Lauderdale Beach offers premier opportunities for recreation, relaxation and enjoyment. The picturesque Riverwalk serves as the cornerstone of the City's arts, science, cultural and historic district which features the Broward Center for the Performing Arts, Museum of Discovery and Science, Museum of Art and Old Fort Lauderdale Village and Museum. Las Olas Boulevard has gained international acclaim as Fort Lauderdale's centerpiece of fashion, fine dining and entertainment. In addition, the City's downtown area is home to Broward Community College, Florida Atlantic University, Florida International University, the award-winning Broward County Main Library, federal, county and school district offices.

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Page 10: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

FT LAUDERDALE940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

An advantageous economic climate is helping the City of Fort Lauderdale establish itself as a world-class international business center and one of the most desirable locations for new, expanding or relocating businesses. Once known strictly as a tourism-based economy, Fort Lauderdale now supports a diverse range of industries, including marine, manufacturing, finance, insurance, real estate, high technology, avionics/aerospace, film and television production. Through the cooperative efforts of residents, businesses and local government, Fort Lauderdale has evolved into a City that offers the best of both worlds - an attractive business environment and an outstanding quality of life. Fort Lauderdale is a great place to live, work and raise a family, and the City looks forward to continuing to build upon its success to meet the challenges of the 21st Century and beyond.

Our Location

The City of Fort Lauderdale is situated on the southeast coast of Florida, in the east-central portion of Broward County, approximately 23 miles north of Miami and 42

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Page 11: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

FT LAUDERDALE940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

miles south of Palm Beach. The City shares boundaries with nine other municipalities, as well as unincorporated areas of the County. Encompassing approximately 36 square miles, Fort Lauderdale is the eighth largest city in Florida and the largest of Broward County’s 31 municipalities.

Ft Lauderdale International Airport Broward County's Fort Lauderdale-Hollywood International Airport (FLL) and North Perry Airport (NPA), a general aviation airport, form a diverse and dynamic airport system. This airport system serves the needs of 29.2 million passengers and the general aviation community throughout South Florida. FLL is ranked 21st in the U.S. in total passenger traffic and 13th in domestic origin and destination passengers. There are more than 325 departures and 325 arrival flights a day. FLL offers nonstop service to 140 U.S. cities and flights to Canada, Bahamas, Caribbean, Mexico, Latin America, and Europe. FLL averages 640 commercial flights per day on 26 airlines. There are also 100 private flights. Each day an average of 80,000 travelers pass through the four terminals at FLL.

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Page 12: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

FT LAUDERDALE940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Port Everglades

Exotic cruise vacations and international trade are what makes Port Everglades an economic powerhouse for Broward County and one of the most diverse seaports in the United States. Located In the heart of Greater Fort Lauderdale and the City of Hollywood, FL, Port Everglades is one of the busiest cruise ports in the world. It is a leading container port in Florida and among the most active cargo ports in the United States. And, Port Everglades is South Florida’s main seaport for receiving petroleum products including, gasoline and jet fuel. A foreign-trade zone and available office space inside the Port's secure area make Port Everglades a highly desirable business center for world trade. The Port Everglades Department is a self-supporting Enterprise Fund of Broward County government. It does not rely on local tax dollars for operations or capital improvements. The total value of economic activity at Port Everglades is more than $28 billion. And, 224,054 Florida jobs are impacted by the Port, including 13,322 people who work for companies that provide direct services to Port Everglades.

Dynamics Encompassing more than 33 square miles with a population of 165,912, Fort Lauderdale is the county seat of Broward County and the largest city among the county’s 31 municipalities. Fort Lauderdale, the seventh largest city in Florida, is centrally located between Miami and Palm Beach. An advantageous economic climate helped the City of Fort Lauderdale establish itself as a world-class international business center and one of the most desirable locations for new, expanding, or relocating businesses.

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Page 13: Thunder Cycle Design...JohnDeMarco@Remax.net Turn Key Business Well established business, currently grossing 1mil a year netting approximately $200,000 per year. Over 1mil in inventory,

FT LAUDERDALE940 NW 1st St | Ft Lauderdale , FL 33311

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Fort Lauderdale also offers an outstanding quality of life, highlighted by a semi-tropical climate, rich natural beauty, and an array of cultural, entertainment, and educational amenities. World-famous Fort Lauderdale Beach offers premier opportunities for recreation, relaxation, and enjoyment. The picturesque Riverwalk serves as the cornerstone of the City’s arts, science, cultural, and historic district, and features the Broward Center for the Performing Arts, Museum of Discovery and Science, Museum of Art, and Old Fort Lauderdale Village and Museum. Las Olas Boulevard has gained international acclaim as Fort Lauderdale’s centerpiece of fashion, fine dining, and entertainment. The City’s downtown area is home to many corporate headquarters, government offices, and educational institutions, including Broward Community College, Florida Atlantic University, and Florida International University. Through the cooperative efforts of residents, businesses and local government, Fort Lauderdale has evolved into a City that offers the best of both worlds: an attractive business environment and an outstanding quality of life. Fort Lauderdale is a great place to live, work, and raise a family, and the City looks forward to continuing to build upon its success to meet the challenges of the 21st Century and beyond. As the City moves forward, it will work hard to continue in partnership with its most important asset – its citizens – to develop the strategies necessary to ensure a safe and secure community; provide quality programs and services; enhance the quality of life; protect the environment; promote smart growth; and, maintain fiscal responsibility.

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