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Business For Sale
KITCHEN FIXTURES, FURNITRUE & EQUIPMENT
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Asking Price: |
$1,200,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Home Furniture & Furnishings
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Yearly Net Profit:
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$340,000 |
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Yearly Gross Income:
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$2,500,000 |
Business for Sale Overview:
Here is a great business that is now available for acquisition. This business has 2 locations that are part of the purchase price. The businesses are located in Louisiana and Mississippi. They are relatively close to each other. Annual sales are over $2,500,000 with the owner’s discretionary earnings to be slightly above $340,000. The asking price is $1,200,000. Included with the purchase price is approximately $130,000 of inventory and also approximately $144,000 of furniture fixtures and equipment. The down payment required is $400,000. The seller is willing to train the new owner for up to 3 months. This is a long time established business; it has been around for over 10 years. There are 5 full time employees, and 1 part time employee. The hours are from 9am to 6pm, Monday thru Friday and 10am to 2pm on Saturday. The businesses are sized from 1,200 sq. feet for the one in Mississippi and 2,300 square feet for the one in Louisiana. The designs and logos are included in the sale. The building is also available for separate purchase that is located in Louisiana for $420,000. This hurricane devastated area will still be rebuilding for at least the next 10 years to come. Owner wishes to retire. Please call for more information.
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