Semi-Absentee furniture store w/ $250K inv. includ

Not Disclosed, CA
Sacramento County


Asking Price: Annual Revenue:
$825,000 $1,644,872

Retail: Home Furniture & Furnishings


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RE: Semi-Absentee furniture store w/ $250K inv. includ Broker: Michael Floorman (SAC)
License #: 01160661

Quick Facts

Asking Price: $825,000
Annual Revenue: $1,644,872
Net Profit: $247,597
Cash Flow: $247,597
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1946
Employees: 4
BBN Listing #: 8988931
Broker Reference #: SA10861

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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, 12,000 square feet, $1,200 NNN, Hours Monday thru Saturday from 10 am to 6 pm.

Reason for Selling:

Retirement

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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