Seller's Contact Information
- RE: Lucrative Turnkey Furniture & Mattress Retail Bus.
- Contact: Julie Smith
Quick Facts
Asking Price: | $1,200,000 | |
Annual Revenue: | $3,922,091 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $795,173 | |
Total Debt: | Not Disclosed | |
FF&E: | 124,300 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 12 | |
BBN Listing #: | 753659533 | |
Broker Reference #: | 61523-502008 |
Business Overview:
Great semi-absentee, part-time owner opportunity!
This profitable, community-based furniture and mattress store is in the heart of the east/west corridor through this town and has a beautiful 36,230 square foot showroom. The building and its 8,856 square foot warehouse on the property are also for sale (valued at $6M).
Since 2000, business has had great tenured employees who practically run the store. The current owner only works 30 hours/week.
Their extensive selection includes furniture for all areas of home or office and they carry many recognized quality furniture and mattress brands. They have a fully functioning website for online purchases and offer delivery. The business has no accounts receivable as all orders are paid up front.
The current owners are retiring. Wholesale value of inventory at time of closing will be added to the purchase price.
THIS BUSINESS HAS BEEN SBA LENDER PRE-QUALIFIED.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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