Large Furniture store with excellent profits

Lower Mainland, British Columbia

Kelowna


Asking Price: Annual Revenue:
$999,000 Not Disclosed

Retail: Home Furniture & Furnishings


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RE: Large Furniture store with excellent profits Broker: Steve Harvey

Quick Facts

Asking Price: $999,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $700,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 709349055
Broker Reference #: Not Disclosed

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Business Overview:

It can also include $1.5million worth of inventory. Located outside the lower mainland. This business includes $1.5M worth inventory. So, this business is good to go from Day 1.

This is an amazing opportunity to own one of the premier furniture operations in Western Canada. This furniture and accessories store is a progressive, forward thinking, unique store that specializes in selling mid to high end merchandise. Operating for many years, it has a stellar reputation. It has a loyal clientele that frequents it’s showroom on a regular basis. It is rare for a business like this, with such a reputation and track record to be offered for sale. Because of the nature of this business, it is able to operate at margins well above the industry standard. It is located in a high traffic location with excellent and abundant free parking on site.

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Property Features and Assets:

Highly visible location. This store offers a flexible shopping experience with a large inventory selection on the showroom floor and in its local warehouses. In doing so, the staff are able to furnish the most discriminating homes directly from stock from either on the floor or from the large, in-stock selection from the local warehouse. This store is in the right location and is offered at the right price. This business is located outside of the lower mainland in a resort-type community.

Market Competition and Expansion:

If you’re looking for a unique gem, this is a business you will want to give considerable attention to. Coupled with a high return on investment, you will also benefit from living in a four-season community that is continuing to grow at unprecedented levels. This store has an excellent employee culture that gives the customer an unsurpassed shopping experience.

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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