Upscale SW Home Goods

Not Disclosed, AZ
Maricopa County


Asking Price: Annual Revenue:
$1,400,000 $1,504,339

Retail: Home Furniture & Furnishings


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RE: Upscale SW Home Goods Broker: Susan Tanko-Manogue

Quick Facts

Asking Price: $1,400,000
Annual Revenue: $1,504,339
Net Profit: Not Disclosed
Cash Flow: $467,356
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 6
BBN Listing #: 203330481
Broker Reference #: WCIC21856

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Business Overview:

THIS IS A RARE RETAIL OPPORTUNITY IN AN UPSCALE AREA! Seller is seeking a suitable candidate THAT CAN SHOW PAST, SUCCESSFUL, RETAIL EXPERIENCE, to take over this highly desirable location. This business continues to excel and grow due to REPEAT customers, home sales, area growth and improvements nearby. Items sold range from high end made to order Southwestern Furniture to clothing and local artisan home goods. Inventory turns AN INCREDIBLE 4-5X a year! Jan - May 2021 OCF is already over 389K! Great books with consistent increasing numbers. SBA financing possible for a Buyer with similar experience, strong credit and 10-20% cash down. Website recently updated. Online sales could be added. Additional Inventory (if any over 200K) at time of sale will be sold in addition to the sale price. .

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Property Features and Assets:

Building size 5,000 Square Feet; Monthly rent: $7,245 NNN; Lease through July 2022; Buyer will need to negotiate an extension or new lease.

Reason for Selling:

Ready

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.

Documents:

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