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