Legacy NYC Home Goods Store - 90% Financing

Relocatable, NY
New York County

Asking Price: Annual Revenue:
$2,900,000 $4,282,155

Retail: Home Furniture & Furnishings

Request More Information
Contact the Seller

RE: Legacy NYC Home Goods Store - 90% Financing Broker: Eric Straus
Owner Financing is Available!
Owner Terms: $2,610,000.00 Interest: 10% Term Months: 60 Monthly Payment: $55,454.79

Quick Facts

Asking Price: $2,900,000
Annual Revenue: $4,282,155
Net Profit: Not Disclosed
Cash Flow: $892,569
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1963
Employees: 9
BBN Listing #: 364435879
Broker Reference #: 6842-460176

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

Legacy NYC Home Goods Store - 90% Financing to Qualified Buyer

Famous Name Home Goods Store with great reputation on Upper East Side! What began as a hardware store in 1963 today remains independently owned and focused on the areas they know best — the finest luxury bed and bath linens, designer lighting, table linens, fragrances, and decorative accessories — along with a unique assortment of furniture and paper goods. The Company's largest direct competitor is Bloomingdales, followed by certain other small boutiques. The biggest growth opportunities include sales training for the staff to increase customer conversion as well as an expansion of the company’s presence online. In addition to purchase price, buyer to acquire salable inventory of approximately $3,365,848.

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.

Property Features and Assets:

Facilities: Ground floor storefront with portion of basement

Reason for Selling:

Other business interests.

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:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!