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Business For Sale

FURNITURE STORE

Attn: Art Chauvin
Metro Houma / Thibodeaux, LA, USA
Listing Number: "BatonLA0011125"
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Asking Price: Not Available
Business for Sale Industry: Retail: Home Furniture & Furnishings  
Reason for Selling: Retirement.
Year Established: 1987
# of Employees: 5 FT 4 PT
Yearly Revenues: $1,500,000
Yearly Cash Flow: $150,000
Monthly Payroll: $18,000
 

Business for Sale Overview:

Very nice, very popular 20+ year old furniture store has a large base of loyal repeat customers. Annual sales at the store range from $1 million to $1.5 million. Store has a large inventory of some of the best and most popular furniture brands. Store is located on a very heavy traffic highway in a nice size suburb community. The community is just a short drive to Houma / Thibodaux, Louisiana and less than an hour to New Orleans, La. Community is a nice place to live and raise a family with good public schools and lots of affordable housing. The area is considered a sportsman’s paradise with abundant hunting, fishing, and boating opportunities. Sale includes all real estate consisting of approximately 2 acres of land, an approximately 25,000 sq. ft. commercial building, and an approximately 2400 sq ft storage building. There is also a manager’s / owner’s home on the property. The home is about 3,800 sq. ft. with 3 bedrooms, 2 baths, and a double garage. Seller is ready to retire after a long, prosperous career. Seller is open to offers and will consider financing for a qualified buyer with a reasonable down payment. Seller will seriously consider and promptly respond to all reasonable offers. Come see, make offer.


Property Features and Assets:

2,5000 sq. ft.


Additional Details:

  • The property is owned.
  • 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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