Well Established Business in High Traffic Desirable Location

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
Well Established Business in High Traffic Desirable Location

Business Listed By:

Scott Pool
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