Profitable Legacy Furniture Store on Hi-Traffic Rd

Not Disclosed, MN


Asking Price: Annual Revenue:
$6,000,000 $5,100,000

Retail: Home Furniture & Furnishings


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RE: Profitable Legacy Furniture Store on Hi-Traffic Rd Broker: Robert Warrick

Quick Facts

Asking Price: $6,000,000
Annual Revenue: $5,100,000
Net Profit: Not Disclosed
Cash Flow: $779,000
Total Debt: Not Disclosed
FF&E: $767,000
Real Estate: $4,500,000
Year Established: 1979
Employees: 21
BBN Listing #: 895728483
Broker Reference #: 11370 RW

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Business Overview:

MUST SEE! Profitable and Legacy Furniture Store professionally remodeled in 2019 with 100,000 square feet of Real Estate. Store trending to over $5,000,000 in sales Year End 2021. Well-appointed and impeccably maintained with latest product selection showcased in trendy room settings. Sustainable sales growth a lock for a customer-friendly and experienced owner/operator or strategic buyer. It's located on a high-traffic road with easy access and ample parking. No other furniture stores of its kind anywhere nearby. Inventory NOT included in offering price.

Real estate is clean, well-maintained and is included in the overall offering price, however, can be sold separately. 100,000 square feet retail, warehouse and office space with is fully utilized. Possible opportunity for new owner’s reconfiguration to multiple tenant facility. Loading docks 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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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