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Listing #S68015

Retail Furniture Store

Great Opportunity!

This is a great opportunity to acquire a thriving full line Furniture Business. The company serves mid to high end customers in the Denver Area. Its outstanding reputation, niche market, exclusive lines, great location and quality personnel have contributed to an average sales increase of over 13% in each of the last three years. This has been accomplished with only part-time involvement from the owner. The store's extensive advertising program already reaches several potential new markets. The selling price does not include inventory, which has averaged $187K over the past 12 months. The cash flow is excellent. This quailty business is priced to sell. The owner is interested in finding the best possible match.
Contact Seller E-Mail Listing Print
 
Primary Business Category: Retail Trade - Furniture & Home Furnishings (SIC 57, NAICS 442)
Secondary Business Category: Retailers - Miscellaneous (SIC 59, NAICS 452)
Location: Colorado
Metropolitan Area: Denver Metro
Listed by: An Intermediary
 

Financial Information

Gross Revenue: $2,600,000 Asking Price: $845,000
Current Year Projected Revenue: $2,750,000 FF & E (included): $60,000
EBITDA: $368,374 Inventory (included): Not Disclosed
Current Year Projected EBITDA: Not Disclosed Real Estate (included): Not Disclosed
Profitable: Yes Transaction Sought: Not Disclosed
Business Type: S Corporation Payment Requested: Not Disclosed
Financials: Not Disclosed Seller Financing Available: Not Disclosed
 

Company Information

Year Established: Not Disclosed Home Based: No
Number of Employees: 11 to 25 Franchise: No
Management: Available to Stay Distressed: No
Non Compete Agreement: Negotiable Relocatable: No
Reason for Sale: New Opportunity
Fiscal Year End: December
Ownership: Private
Contact Seller E-Mail Listing Print

Key Employees

Available to Stay

Facilities

Large showroom and warehouse. Leases under market value. Showroom lease has two 5 year options at small incremental increases.

Seller Information

Dan Gray
Personal Friend