MergerPlace

Specialty Furniture Store Established

Florida (Broward)


  • Asking Price: $225,000
  • Gross Income: $394,529
  • Cash Flow: $91,655
  • Real Estate: Not Disclosed
  • Inventory: $40,000
  • FF&E: $50,000
  • Listing ID: #221960
  • Established: 1993
  • Employees: 3

Business Description

A specialty furniture store is offered for sale. After 27 years in business, sellers decided it is time to retire. Since this business targets a niche market in the furniture industry, this store has a longstanding reputation and a strong following with much repeat business. Buyers come from all over South Florida to this specific store. American made products along with many imports from Asia and Europe creates a great selection of inventory not seen at existing competitors or big box furniture stores. Business is located on a major road with high traffic with great visibility and ample parking. Good profit margins and excellent books and records make this business a great opportunity for any investor looking to continue its legacy. 2 FT employees. Ideal for an E-2 Visa international buyers. Please ref er to listing 010192999, business broker Marcelo Jo when you inquire about this listing.


Business Details

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

Company Information

Year Established: 1993
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $225,000
Gross Revenue: $394,529
Cash Flow: $91,655
FF&E: $50,000
Inventory: $40,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 3009 Square Footage: 1356 Building Type: Strip Plaza Terms & Options: 1y + 2x 5y option Expiration Date: 5/31/2021

Competition:

Non Compete : Miles: 20 Years: 2

Reason for selling:

Retiring

Support & Training:

For 4 weeks at no cost

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Marcelo Jo

Transworld Business Brokers of Central Florida