Listing Number: 7101-321047
Description
Don’t miss your opportunity to own this Growing & unique furniture business specializing in premium & custom hardwood teak & tiger wood indoor & outdoor furniture with 4 locations and incredible real estate & locations established for nearly 20 years. With amazing one-of-a-kind furniture hand-selected from around the globe, this multi-location furniture and accessory group of stores offers unique coastal contemporary items that can’t be found anywhere else. Generating sales of $2.7M with a net of $650,000. Great staff in place, exclusive arrangements with manufactures throughout the world, $400K of inventory included, Real Estate valued at almost $2M included, great books & records, SBA pre-approved and double-digit growth so far in 2021 make this an incredible opportunity. January 2021 sales are up 45% over the same in 2020 with no sign of slowing down.
Listing Details
- Price: $4,700,000
- Down Payment: $705,000
- Sellers Discretionary Earnings: $914,470
- Total Sales: $3,236,833
- Location: Volusia County, Florida
- Inventory: $400,000
- FF&E: $50,000
- Employees: 15
- Year Established: 2003
- Reason for Selling: Semi Retirement
- Category: Retail Miscellaneous
