Seller's Contact Information
- RE: Semi-Absentee Furniture Store
- Contact: Michael Floorman (Sac)
- License #: 01160661
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $416,572 | |
Net Profit: | $149 | |
Cash Flow: | $149,803 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1946 | |
Employees: | 4 | |
BBN Listing #: | 2197931 | |
Broker Reference #: | SA10861 |
Business Overview:
75 Year old furniture store in iconic building! This store has exclusive vendors & selected furniture that is only available at this location. Currently ran semi-absentee with key employees in place that are well trained. Profitable and Covid-proof. Owner wishes to retire and pass on to a new, energetic owner that can implement social media advertising to grow sales & income. A new long-term lease is available to qualified buyer. SA10861
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Property Features and Assets:
A new lease is available, Rent $8,000, NNN $1,200, Square Feet 12,000 Hours Monday thru Saturday from 10 am to 6 pm. The amounts shown as Annual Revenue and Cash Flow are for 3 months ending March 2023. SBA approved.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- 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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