MergerPlace

Profitable Furniture & Flooring Store

South Dakota


  • Asking Price: $749,000
  • Gross Income: $1,022,820
  • Cash Flow: $166,200
  • Real Estate: Not Disclosed
  • Inventory: $195,000
  • FF&E: $85,000
  • Listing ID: #207481
  • Established: 1968
  • Employees: 3 FT / 3 PT

Business Description

The business has been in operation in the same location for fifty years and has built a reputation for quality and service. The store sells a nice mix of home and bedroom furnishings, along with a multitude of flooring options, for both residential and commercial applications.


Business Details

Primary Business Category: Retail Trade - Furniture & Home Furnishings
Location: South Dakota

Company Information

Year Established: 1968
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 3 PT

Financial Information

Asking Price: $749,000
Gross Revenue: $1,022,820
Cash Flow: $166,200
FF&E: $85,000
Inventory: $195,000
Seller Financing Available: No

Property Information

Facilities:

Business operates out of an 8,000 sq. ft. building that the seller owns. The business is located at the end of a busy street, with good visibility and access. Real Estate is in good shape and is included in the asking price.

Growth & expansion opportunities:

Good potential for growth through current markets the business serves, or by adding product/service lines, or increasing the service territory.

Competition:

Some direct and indirect competition due to the industry, but this company has built a deep and loyal customer base over the last five decades of operations.

Reason for selling:

Owner looking to Retire.

Support & Training:

Will train for 4 weeks @ no cost Outside of the normal state and federal business licenses, no special licenses are needed to operate the business.

Contact Business Seller

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Business Listed By:

Rey Gonzales

Murphy Business Brokers