Seller's Contact Information
- RE: Motivated Sellers - Furniture Store & Warehouse
- Contact: Robert Warrick
Quick Facts
Asking Price: | $1,900,000 | |
Annual Revenue: | $4,569,325 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $843,376 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $1 | |
Year Established: | 1979 | |
Employees: | 21 | |
BBN Listing #: | 895728483 | |
Broker Reference #: | 11370 RW |
Business Overview:
Savvy buyers MUST SEE! This is a gem of a business acquisition opportunity. Flexible Sellers are offering a very profitable legacy home furnishings business real estate for $1,900,000. Inventory sold separately (estimated at $1,000,000 as of 12/31/22). Adjusted Cash Flow over $800,000 in 2022. Impeccably managed “destination” business with consistent profits. The newly remodeled 100,000 square feet of retail and warehouse space is climate controlled and has very little geographic competition. Over 3 acres of land. Store surpassed $5,000,000 in sales Year End 2021 during COVID, which was stronger than expected. 2022 sales Year End corrected and surpassed $4,500,000.
Impeccably well-appointed, visually appealing with latest product selection showcased in trendy room settings. Sustainable sales growth a lock for a customer-friendly buyer. Supports investor opportunities. It's located 90 minutes from the west metro of the Twin Cities in a vibrant and active community on a high-traffic road with easy access and ample parking. 100,000 sq. ft. retail, warehouse and office space are fully utilized. Possible opportunity for new owners to reconfigure to multiple tenant facility. Loading docks are back of buildings. SERIOUS INQUIRIES ONLY. Buyers must have financial capacity.
For more information, please contact Robert Warrick.
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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