Listing Number: 7101-337839
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. 2022 sales on track to exceed $4.8M with a net of > $1.2M even with 35% price increases to customers and a new $50 delivery fee! Great staff in place, exclusive arrangements with manufactures throughout the world, $400K of inventory included, Real Estate valued at $2.4M included, great books & records, SBA pre-approved and double-digit growth year over year make this an incredible opportunity. 2022 sales are up 21% over 2021 with no sign of slowing down. SBA pre-approved with 25-year amortization Email today for an NDA!
Listing Details
- Price: $ 4,500,000
- Down Payment: $710,000
- Sellers Discretionary Earnings: $ 1,163,955
- Total Sales: $ 4,756,276
- Location: St. Johns County, Florida
- Inventory: $ 400,000
- FF&E: $ 100,000
- Employees: 15
- Year Established: 2003
- Reason for Selling: Semi Retirement
- Category: Retail Miscellaneous
