Furniture Retail

Not Disclosed, ND
Cass County

Asking Price: Annual Revenue:
$700,000 $1,539,536

Retail: Home Furniture & Furnishings

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RE: Furniture Retail Broker: Brad Sturn

Quick Facts

Asking Price: $700,000
Annual Revenue: $1,539,536
Net Profit: Not Disclosed
Cash Flow: $78,340
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 17
BBN Listing #: 85964955
Broker Reference #: 5302-16050

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Business Overview:

*Discretionary Earnings and Revenue numbers listed are partial year through September 30, 2020.

Successful and TURNKEY full service furniture store available, as current owners would like to retire. The business has been operating for 23 years and comes with a well-trained trained staff and all of the equipment necessary to sell, service, and deliver furniture. Sales are up in 2020 over the same period in 2019 and the forecast looks strong, as more and more people are investing in improvements to their home during the pandemic.

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Property Features and Assets:

The showroom and warehouse is 42,000 square feet with ample parking and is a well known location. Assets= $525,000

Market Competition and Expansion:

There are several competitors in the market, many of which are national retail stores. This business is locally owned with a great reputation for outstanding products, sales, and service.

Reason for Selling:

Seller's are looking to retire.

Additional Details:

  • The property is leased.
  • The owner is not 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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