Business Overview:
This Hi End Outdoor Living Specialty retail business has been established for many years and is well known in both NC & SC for their quality products and installations. Top brand furniture, gas logs, fireplaces, outdoor kitchens are some of their product offerings in their beautiful showrooms.
Sales last year were $5.9 Million with approximately $1.25 Million in Seller's Discretionary Earnings all reflected on tax return. Sales in the current year are expected to be approximately $5 Million with about $1M in SDE. The owner is in his 60's and is looking to retire.
The asking price of $3.5 Million includes $800,000 in inventory at Seller's cost. All fixtures and equipment convey except for Seller's personal vehicle(s). To get additional information, all Buyers must first provide a signed Confidentiality Agreement to the listing broker, Bill Law bill@sunbeltbrokers.biz Cell 704-904-6624
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is not 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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