Cash Cow Furniture Store

Not Disclosed, FL
Lee County

Asking Price: Annual Revenue:
$3,200,000 $2,420,183

Retail: Home Furniture & Furnishings

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RE: Cash Cow Furniture Store Broker: Erin Bean
Owner Financing is Available!
Loan/Seller - Amount: $1,700,000 Months: 60 Rate: 6.75% Monthly Payment: $33,461.88

Quick Facts

Asking Price: $3,200,000
Annual Revenue: $2,420,183
Net Profit: Not Disclosed
Cash Flow: $752,872
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 12
BBN Listing #: 7763630
Broker Reference #: Not Disclosed

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Business Overview:

New Furniture and Mattress closeout store in a well anchored plaza with great street front traffic. This store is on pace to hit nearly $3M in revenues this year. Excellent vendors in place for high margins on mattress, tv's, bedrooms sets, living room, etc. They are the #1 top store with their finance company. Good staff in place, excellent lease terms, great signage. 4 trucks included and owner only works full time during season. Excellent E2 L1 qualifier with all W2 employees. 3 months of seller training included! Owner financing for over half the asking price. Don't miss this opportunity! Please refer to listing number 6401-980354 and advisor Erin Bean.

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Property Features and Assets:

Lease/Month: $7,800; Square Footage: 15,000; Building Type: Commercial; Terms & Options: YES; Expiration Date: 2/28/2021.

Reason for Selling:

Cash out/Other investments.

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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