Unique Outdoor Living Furniture, Fireplaces & A...

Greensboro, NC
Guilford County


Asking Price: Annual Revenue:
$4,400,000 $5,900,000

Retail: Home Furniture & Furnishings


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RE: Unique Outdoor Living Furniture, Fireplaces & A... Broker: Bill Law
Owner Financing is Available!

Quick Facts

Asking Price: $4,400,000
Annual Revenue: $5,900,000
Net Profit: Not Disclosed
Cash Flow: $1,250,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: Not Disclosed
BBN Listing #: 665238766
Broker Reference #: CHARLNC001-N831

Email or Print Listing

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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 $4.4 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 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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