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Wisconsin Business For Sale |
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| SPECIALTY FURNITURE STORE - REDUCED |
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| Attn: Tim Bullard |
| Great Lakes Futon |
| Milwaukee, WI, USA |
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| Asking Price: |
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$50,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Home Furniture & Furnishings |
| Reason for Selling: |
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Retiring |
| Year Established: |
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1980 |
| # of Employees: |
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4 |
| Yearly Cash Flow: |
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$20,800 |
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Business for Sale Overview:
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This store has been a well known furniture store in the Milwaukee area of WI for nearly 30 years, which has been successful by being able to roll with the ever changing times and trends. With traditional pieces to the most contemporary they have styles for every customer. Due to the recent gentrification that has occurred in the downtown area, their furniture is as popular as ever among the residents of all the newly constructed condos and apartments. They also offer other specialty furniture such as, Japanese Tatami beds and floor mats which are gaining more and more popularity, along with carry tables, lamps, and a vast array of artwork and wall hangings to add the finishing touches to any ones home. Thie store is a must visit furniture store if you are furnishing or simply re-decorating a living space.
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Property Features and Assets:
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The current rent for the 2,000 square feet brick building is $2,100 per month. Lease is currently month to month but the landlord is willing to sign a long term lease. |
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Market Competition and Expansion:
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Great opportunity for growth and expansion by working with the many newly constructed condo and apartment developments to help drive new customer to the store. Thier furniture goes hand in hand with the condo lifestyle because of their function and versatility. Also this store could be a franchise opportunity for the right owner to reach out to customers in surrounding cities also experiencing similar growth.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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