Owner Financing is Available!
Business Overview:
Existing furniture business seeking to sell the business, inventory, and all property. The building is a 82’ x 50’ metal building with new office and new storefront doors and windows. Other amenities of the building include a large elevated loading dock, an 80’ x 20’ mezzanine, and a wireless alarm system. The building is located on a heavily travelled state highway in a rapidly growing area. The complete property is zoned commercial and located on approximately 1 acre with 390 feet of frontage.
The property also has a 3 bedroom and 2 bath mobile home located on it that is an excellent source of rental income. It is located in an excellent school district making it easy to keep occupied. The property also has an attractive high elevation vacant portion that has highway frontage as well that could be built on or used as a car lot.
The business is a residential furniture business that did $152,000 in retail sales last year. It has approximately $60,000 in inventory.
In order to sell as quickly as possible for family reasons the owners seek to sell the business and all structures/property for $200,000 plus the price of the inventory which is $60,000.
The building could currently be rented for $1,000+ per month. The mobile home rents for $600 per month. A 15 year 7.0 APR loan monthly payment on $200,000 =$ 1799.00. If the purchaser had no interest in continuing the current business the inventory could be easily liquidated for $60,000 - $90,000 and the rental income could pay the mortgage. The vacant portion of the property could still be used for other purposes.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Family Concerns
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.