MergerPlace

Well-Established Furniture Store

Florida


  • Asking Price: $745,000
  • Gross Income: $15,451,103
  • Cash Flow: $298,752
  • Real Estate: Not Disclosed
  • Inventory: $114,034
  • FF&E: $95,776
  • Listing ID: #212183
  • Established: 1995
  • Employees: 2 FT

Business Description

Own a retail furniture store which offers premium quality furniture brands. This store has been popular in this community since 1995. The company generates and maintains its large customer base by offering lifetime warranties on most products. And provides 'white-glove' delivery service. Including custom orders delivered quickly.


Business Details

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

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT

Financial Information

Asking Price: $745,000
Gross Revenue: $15,451,103
Cash Flow: $298,752
FF&E: $95,776
Inventory: $114,034
Seller Financing Available: No

Property Information

Facilities:

This store has its own building, which has an upscale exterior, located on a busy U.S. highway with an Average Daily Traffic count of 40,500 cars driving past the store.

Growth & expansion opportunities:

This location is one of three locations being offered by the same owner. It is well established in the community with a large database of customers. With that foundation, new marketing campaigns could be implemented.

Competition:

The store is well positioned in the marketplace. It offers high quality furniture, that matches the demographics of its customers. While others compete on being the lowest price, this company appeals to people who appreciate long lasting quality and beauty. The quality is confirmed with the Lifetime Warranty offered on most products. Customers who appreciate quality, know these brands, and enjoy service from a well trained staff.

Reason for selling:

Owner wishes to retire.

Support & Training:

Will train for 4 weeks @ $0 cost. This store sells high quality furniture for all rooms of the home, including beds. The international brands offered are some of the most respected in the industry. Most products include a Lifetime Warranty. The staff is well trained and deliveries are handled by specialist offering premium service. Regular retail business licenses are required.

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Business Listed By:

Mark Purtee

Murphy Business Brokers