Listing Number: 9075-421577
Description
This is a great opportunity to get in the furniture business or expand your existing business to a great location. Owners have been in the business for over 30 years and have loyal clients and very solid vendor relationships. Over $400k worth of new inventory in a spacious 25,000sf showroom is included in the purchase price. Additional 20% of revenue is done in Consignment with loyal patrons. Owners have negotiated a very favorable lease in a major retailer shopping center. Owners are willing to help train for up to 2 months to insure a smooth transition. Timing is great to get in the furniture business!
Listing Details
- Price: $1,200,000
- Down Payment: $1,200,000
- Sellers Discretionary Earnings: $0
- Total Sales: $1,012,039
- Location: Mecklenburg County, North Carolina
- Inventory: $400,000
- FF&E: $18,000
- Employees: 4
- Year Established: Current location 2018
- Reason for Selling: Retirement
- Category: Furniture Retail
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