Not Disclosed, MN

Central MN

Asking Price: Annual Revenue:
$285,000 $561,582

Retail: Home Furniture & Furnishings

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RE: Furniture Broker: David LaVoi

Quick Facts

Asking Price: $285,000
Annual Revenue: $561,582
Net Profit: Not Disclosed
Cash Flow: $131,960
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 3
BBN Listing #: 91824955
Broker Reference #: 5101-17565

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Business Overview:

This business opened it's doors in 1990 and has been providing quality home furnishing options to the community ever since. They provide exceptional customer service 6 days a week for over 30 years. The store is fully stocked with a steady flow of inventory continually available. It's located on one of the main roads through the community with excellent visibility and accessibility. The 12,000 sq ft building is laid out to handle deliveries and assembly along with a huge display area and ample office space.

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Property Features and Assets:

The 12,000 square feet space is a stand alone building with a lot of parking area. The current owner is renting month to month but a longer term lease would be available to a new owner. The large showroom area provides a very nice shopping experience for the customers while browsing through the inventory. The roughly 3,000 square feet of delivery, setup and refurbish area is located in the back of the store away from the customer showroom area. The store is laid out well! Assets = $80,000

Market Competition and Expansion:

The businesses unique operating model sets them apart from the competition. There are several other furniture stores in the area but not like this one! They have been in business for over 30 years! This business is located in a nice size community in central Minnesota with a very diverse population. The owner is tiered and we feel a new owner with some new spirit could move this business to a new level.

Reason for Selling:


Additional Details:

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

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