MergerPlace

Cash Cow Furniture Store

Florida (Lee)


  • Asking Price: $3,200,000
  • Gross Income: $2,420,183
  • Cash Flow: $752,872
  • Real Estate: Not Disclosed
  • Inventory: $250,000
  • FF&E: $80,000
  • Listing ID: #207342
  • Established: 2015
  • Employees: 12

Business Description

New Furniture and Mattress closeout store in a well anchored plaza with great street front traffic. This store is on pace to hit nearly $3M in revenues this year. Excellent vendors in place for high margins on mattress, tv's, bedrooms sets, living room, etc. They are the #1 top store with their finance company. Good staff in place, excellent lease terms, great signage. 4 trucks included and owner only works full time during season. Excellent E2 L1 qualifier with all W2 employees. 3 months of seller training included! Owner financing for over half the asking price. Don't miss this opportunity! Please refer to listing number 6401-980354 and advisor Erin Bean.


Business Details

Primary Business Category: Retail Trade - Furniture & Home Furnishings
Location: Florida
County: Lee

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12

Financial Information

Asking Price: $3,200,000
Gross Revenue: $2,420,183
Cash Flow: $752,872
FF&E: $80,000
Inventory: $250,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 7,800 Square Footage: 15,000 Building Type: Commercial Terms & Options: YES Expiration Date: 2/28/2021

Reason for selling:

Cash out/other investments

Support & Training:

Seller will train for 12 weeks at no cost

Contact Business Seller

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Business Listed By:

Erin Bean

Transworld Business Brokers