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Business For Sale
UNIQUE KIDS & TEENS FURNITURE RETAILER
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Asking Price: |
$700,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Home Furniture & Furnishings
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Reason for Selling:
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Relocation |
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Year Established:
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1993 |
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# of Employees:
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3 Part Time |
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Yearly Revenues:
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$722,000 |
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Yearly Cash Flow:
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$300,000 |
Business for Sale Overview:
With an incredible eye for detail and a flair for every artistic nuance, these owners are true professionals at retail design, layout, marketing and sales (and they can teach it to you!). The passion they have for their business is apparent as you are greeted at the door by a colorful, “palette pleasing” atmosphere, showcasing a unique array of beds, mattresses and accessories – sure to please even the most discriminating tastes. Creating this business in 1993, this particular store has been open since October 2004, and has grown in revenues from $38,000 in 2004,(3 months), to $722,000 in 2006. Gross margins, though already impressive, will continue to grow through new, off-shore resources. Seller can prove - not only can he compete with the ‘Big Box’ stores, but can be significantly lower. Cash flow is already a healthy $300,000 and poised to increase along with the new owners settling in and taking over. The 4,200 sq. ft. store is located in a busy strip center which includes a number of complementary tenants. Open 6 days a week, the store runs primarily with a very knowledgeable staff of 3 part-time employees. This opportunity would not exist but for family in the Chicago area calling them home. It’s with much regret they have decided to sell their very successful retail furniture business. Additional considerations such as franchising or opening of additional stores can be further discussed and negotiated with the Sellers.
Property Features and Assets:
4,200 sq. ft. building.
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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