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Quick Facts
Asking Price: | $475,000 | |
Annual Revenue: | $974,901 | |
Net Profit: | $104,841 | |
Cash Flow: | $104,841 | |
Total Debt: | Not Disclosed | |
FF&E: | $5,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1996 | |
Employees: | 4 | |
BBN Listing #: | 372854044 | |
Broker Reference #: | BBF-110-02347 |
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Business Overview:
Furniture Company - $200,000 Inventory Included
Furniture and Decor retail store located on busy road in Northeast Florida. Inventory of $200,000 (cost) is included in the sale price. Owner is retiring but is willing to train and assist in the transition. There is opportunity for growth by opening for longer hours and improving digital marketing presence. Significant leased space is not fully utilized and can be converted to retail space. Business has a solid reputation and a good relationship with Vendors. Trained employees are in place.
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Property Features and Assets:
11,000 square foot of space in a strip center on a busy road. All space is not currently utilized. A new owner has room to expand without an increase in rent.
Market Competition and Expansion:
Increase hours and improve digiital marketing efforts.
Reason for Selling:
Retirement
Additional Details:
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