MergerPlace

Unique Furniture/Home Accessories Multi

Florida (Volusia)


  • Asking Price: $4,700,000
  • Gross Income: $2,653,547
  • Cash Flow: $665,675
  • Real Estate: Not Disclosed
  • Inventory: $400,000
  • FF&E: $50,000
  • Listing ID: #226316
  • Established: 2003
  • Employees: 15

Business Description

Don’t miss your opportunity to own this Growing & unique furniture business specializing in premium & custom hardwood teak & tiger wood indoor & outdoor furniture with 4 locations and incredible real estate & locations established for nearly 20 years. With amazing one-of-a-kind furniture hand-selected from around the globe, this multi-location furniture and accessory group of stores offers unique coastal contemporary items that can’t be found anywhere else. Generating sales of $2.7M with a net of $650,000. Great staff in place, exclusive arrangements with manufactures throughout the world, $400K of inventory included, Real Estate valued at almost $2M included, great books & records, SBA pre-approved and double-digit growth so far in 2021 make this an incredible opportunity. January 2021 sales are up 45% over the same in 2020 with no sign of slowing down. Please refer to listing 7101-321047 and advisor John Geiwitz when inquiring on this listing


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida
County: Volusia

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 15

Financial Information

Asking Price: $4,700,000
Gross Revenue: $2,653,547
Cash Flow: $665,675
FF&E: $50,000
Inventory: $400,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 22971 Square Footage: 21,209 Building Type: Stand Alone Terms & Options: Yes Expiration Date: 12/31/2031

Reason for selling:

Semi Retirement

Support & Training:

Seller will train for 8 weeks at no cost

Contact Business Seller

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Business Listed By:

John Geiwitz

Transworld Business Brokers