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  • RE:  Successful Furniture & Appliances Store For Sale
  • Contact:  Rey Gonzales

Quick Facts

Asking Price: $1,700,000
Annual Revenue: $1,855,500
Net Profit: Not Disclosed
Cash Flow: $298,500
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: $800,000
Year Established: 1991
Employees: 5
BBN Listing #: 939491
Broker Reference #: 5004-18238

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Business Overview:

A regional leader offering furniture, appliances, fireplaces, carpets, flooring and additional interior items, this business is offered as a turn-key business opportunity.  A one stop shop, the business has served the local and regional community for over three decades.  Now looking to retire, the owner would like to find a buyer that can continue to serve his large customer base and take the business to the next level.  The real estate that houses the business is also offered for sale and included in the price. 

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Property Features and Assets:

The business is housed in a large building featuring both retail, display and warehouse areas.  Located on a busy state highway, the building sits on almost two acres and has great visibility and ample parking. The real estate is offered for sale and is included in the purchase price.

Assets = $1,400,000

Market Competition and Expansion:

Because of their location in rural Iowa, there is minimal competition that exists.  In business for over three decades, the business has built a large and loyal customer base by delivering quality products and services.

A new owner can look to fuel growth by possibly ramping up marketing via different social media platforms, or simply look to add or vary the current product and service mix.

Reason for Selling:

Seller looking to Retire.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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