Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$350,000 USD USA Dollars
Business for Sale Industry:	Retail: Home Furniture & Furnishings
Reason for Selling:	Relocation.
Year Established:	1997
# of Employees:	6 + decorators
Yearly Revenues:	$2,000,000

Business for Sale Overview:

This 10 year old business was purchased by the present owners in 2003. They have successfully doubled the revenue but lack the sales presence to continue the growth. This franchise includes two territories, Connecticut and Westchester County. There are 30 designers, mostly part time, who have been trained in the process and are paid commission to sell their clients these high end, custom cabinets and closets. Transfer fee for the franchise is $9,000 verses $65,000 for a new territory. The average sale is $4,700 and 25% of the business is repeat.

Property Features and Assets:

Present lease is month to month @ $3,800/month triple net. Landlord will structure a new long term lease for new owners. All equipment, saws, tools and misc is included. Equipment replacement value exceeds $100,000.

Market Competition and Expansion:

Quality and customization set this business apart from the competition. Expand through designers and decorators.

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 a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.