Price Drop!! 20 Yr Old Established Furniture Store
Not Disclosed, NC Mecklenburg County
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- RE: Price Drop!! 20 Yr Old Established Furniture Store
- Contact: Greg Barnes
Quick Facts
| Asking Price: | $60,000 | |
| Annual Revenue: | $536,108 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $50,993 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $8,500 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2003 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 564949300 | |
| Broker Reference #: | 14341-654953 |
Business Overview:
Price Drop!! This highly visible Charlotte retailer of home furniture has been in the same location for 15 years. Well established with the low to the middle-level consumer and 80% of their customers reside within 20 miles of their location.
The business has established a wide customer base that also refers to a lot of other customers. The continuing housing development in the area supplies a lot of customers nearby. The business has relationships with over 10 Distributors which results in more availability and a wide selection for customers. This is a great business for a new business owner or an existing business owner looking to expand.
Very little competition in the area
The addition of social media marketing will increase sales.
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Reason for Selling:
Health
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
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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