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Furniture Liquidators with Four Locations

Listing Number: 3353-512600

Description

Unique opportunity with extremely high-profit margins and has been deemed an essential business. The 2020 financials were a record year. The company has 2 aspects, hotel liquidating and then the resale of used furniture and all types of decor. The liquidation aspect is typically the clearing out of all the rooms in hotels, motels, and timeshare locations. Often there is no cost, of very low cost for the items. The products are then brought to his 4 locations and sold. Buyers of the products are typically other smaller hotels and time-share units but also has walk-in customers that just purchase a couple of items. This could be a great opportunity to either create a franchise or licensing agreement to take it nationally.

Listing Details

  • Price: $2,350,000
  • Down Payment: $503,840
  • Sellers Discretionary Earnings: $843,351
  • Total Sales: $1,856,310
  • Location: Pinellas County, Florida

  • Inventory: $200,000
  • FF&E: $50,000
  • Employees: 12
  • Year Established: 2012
  • Reason for Selling: Looking for a different venture
  • Category: Furniture Retail
Furniture Liquidators with Four Locations

Contact Agent:

Wesley Schroeder
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