Destination: Lakes Area Furnishing/Decor Store

Not Disclosed, MN


Asking Price: Annual Revenue:
$550,000 $975,080

Retail: Home Furniture & Furnishings


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RE: Destination: Lakes Area Furnishing/Decor Store Broker: Marv Soldner

Quick Facts

Asking Price: $550,000
Annual Revenue: $975,080
Net Profit: Not Disclosed
Cash Flow: $244,727
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 4
BBN Listing #: 663150297
Broker Reference #: 17441-971407

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Business Overview:

A growing Upscale, Established and Well-Marketed Custom Furnishings Showroom with Retail Décor Shop & Boutique has been in business for nearly 15 years and comes with everything you’ll need for success. 7500 sq.ft. building sits on an intersection on a US Highway. Here is your chance to take ownership of a Turnkey Business, with a Seller willing to transition and stay on part-time, if desired.

Price includes $275,000 of inventory. Inventory at close will be +/- $275,000.

DETAILED INFORMATION
Owners: Well respected, with a reputation for excellent customer service & follow-through.

Offering: Specializing in furnishings, including custom made Amish furniture, the business has something to offer almost everyone. They carry a wide line of home décor, outdoor furniture, clothing boutique, unique gift items, children’s décor and gift items, delicious pantry items, and beautiful art.
The business offers an abundance of services to help to their customers as well, including design tips and decorating advice for the home. If you need your purchase gift wrapped, they are happy to do that for you too! Unique specials such as a Rewards Program which offers special discounts to any customer who signs up.
The business is a true destination business, located in a fast growing destination lakes area, near two regional centers with over 250,000 population.
Suppliers: Business has an established group of partners, customization is strength.
• In business for nearly 15 years.
• A true family business, joining a community of unique shops & recreation in the Lakes Area.
• There are numerous competitors in the business, few approach the business with quality & customer service as this well-established & reputable business.
• Their niche: Quality products, friendliness, and customer service define us!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

Relevant Links:

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