Specialty Furniture Store Established Twenty Five

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$195,000 $394,529

Retail: Home Furniture & Furnishings


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RE: Specialty Furniture Store Established Twenty Five Broker: Marcelo Jo

Quick Facts

Asking Price: $195,000
Annual Revenue: $394,529
Net Profit: Not Disclosed
Cash Flow: $91,655
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 3
BBN Listing #: 3281630
Broker Reference #: 0101929999

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Business Overview:

A specialty furniture store is offered for sale. After 27 years in business, sellers decided it is time to retire. Since this business targets a niche market in the furniture industry, this store has a longstanding reputation and a strong following with much repeat business. Buyers come from all over South Florida to this specific store. American made products along with many imports from Asia and Europe creates a great selection of inventory not seen at existing competitors or big box furniture stores. Business is located on a major road with high traffic with great visibility and ample parking. Good profit margins and excellent books and records make this business a great opportunity for any investor looking to continue its legacy. 2 FT employees. Ideal for an E-2 Visa international buyers. Store was closed due to COVID for a few weeks in March and April, but since June it is fully open and sales are strong with over 20K in monthly profits.Please ref er to listing 010192999, business broker Marcelo Jo when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $3009 Square Footage: 1,356; Building Type: Strip Plaza; Terms & Options: 1year + 2x 5year option Expiration Date: 5/31/2021.

Market Competition and Expansion:

Non Compete : Miles: 20 Years: 2

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.

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