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Business For Sale
CARPET & FURNITURE CENTER
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Asking Price: |
$635,000
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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Owners Health |
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Year Established:
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1988 |
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# of Employees:
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3 |
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Yearly Revenues:
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$607,456 |
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Yearly Cash Flow:
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$118,724 |
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Yearly EBITDA:
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$58,724 |
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Yearly Net Profit:
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$8,474 |
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Yearly Gross Income:
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$288,384 |
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Monthly Payroll:
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$6,642 |
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Total Debt:
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$34,000 |
Business for Sale Overview:
Carpet & Furniture Center located in the county seat of price county in the city of Phillips, in northern Wisconsin. Location is the key to any successful retail carpet and furniture center and this store is in the heart of it all. This Carpet & Furniture is the only store of this type in the area, it services about a 60 mile radius. They have been in the flooring business for over 20 years and the furniture business for 5 years. They have a great reputation of reliability and reasonable pricing for the large service area. They sell every type of floor covering from Hardwood to carpet from tile to laminate, every type of furniture from Bar Stools to Beds from recliners to sofas. If you want something for your home they can provide top quality products. The makeup of flooring versus furniture sales is 2/3 flooring and 1/3 furniture. The 9,880 square feet building that comes with this business is 5 years new and is beautiful. It comes with a nice restroom, one small office, one large office with private bathroom and a kitchen. The Phillips area has 35 resorts that all use the services of the wonderful business.
Market Competition and Expansion:
This is the game in town and services a very large area of Northern Wisconsin.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be 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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