Motivated Sellers - Furniture Store & Warehouse

Not Disclosed, MN


Asking Price: Annual Revenue:
$3,200,000 $5,030,154

Retail: Home Furniture & Furnishings


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RE: Motivated Sellers - Furniture Store & Warehouse Broker: Robert Warrick

Quick Facts

Asking Price: $3,200,000
Annual Revenue: $5,030,154
Net Profit: Not Disclosed
Cash Flow: $1,266,437
Total Debt: Not Disclosed
FF&E: $767,000
Real Estate: $2,200,000
Year Established: 1979
Employees: 21
BBN Listing #: 895728483
Broker Reference #: 11370 RW

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Business Overview:

Savvy buyers MUST SEE! Flexible Sellers are open to purchase of business + real estate or purchase separately.
Adjusted Cash Flow over $1,100,000 in 2021. Impeccably managed “destination” business with consistent year over year profits. This legacy 100,000 square foot durable home and furnishings store has very little geographic competition and was professionally remodeled in 2019. 100,000 square foot building on over 3 acres of land. Store surpassed $5,000,000 in sales Year End 2021. Well-appointed, visually appealing 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. Supports investor opportunities with strong management in place. It's located on a high-traffic road with easy access and ample parking. Business assets can be sold separate from Real Estate for $1,000,000 (Inventory NOT included in offering price). The real estate (building and land) is clean, well-maintained and is included in the overall offering price, however, can be sold separately. 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. Real Estate can be sold separately for $2,200,000.
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.

Relevant Links:

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