MergerPlace

Furniture Warehouse- Wholesale/Retail

New Jersey (Bergen)


  • Asking Price: $125,000
  • Gross Income: $514,083
  • Cash Flow: $76,137
  • Real Estate: Not Disclosed
  • Inventory: $58,000
  • FF&E: Not Disclosed
  • Listing ID: #208813
  • Established: 1984
  • Employees: 2 FT

Business Description

35 years of success! The go-to store for all of Northern NJ's furniture needs. Great reputation and offer everything furniture related. Well known brands and excellent referral network. Every year has been profitable so great income opportunity for someone that wants to be their own boss. Owner will train you how to be successful! Priced to sell! Act Now!


Business Details

Primary Business Category: Manufacturing - Furniture, Fixtures & Related Products
Location: New Jersey
County: Bergen

Company Information

Year Established: 1984
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT

Financial Information

Asking Price: $125,000
Gross Revenue: $514,083
Cash Flow: $76,137
Inventory: $58,000
Seller Financing Available: No

Property Information

Facilities:

8,000 sq ft showroom and warehouse to service all your furniture needs. From beds, mattresses, couches, tables, chairs, dressers, etc, you can decorate your home fully through the store's vast options. Plenty of parking and garage for pickups.

Growth & expansion opportunities:

Next areas to grow our through online technology and sales. Very little marketing is done currently so an increase in budget will lead to more growth.

Competition:

While many competitors closed and consolidated during the downturn in the economy, this business has endured and succeeded. Great reputation and known for best price. Servicing the affluent Northern NJ home market.

Reason for selling:

Opportunity for new owner to carry on 35 years of success and tradition. The ownership is relocating but is willing to stay on for a transition period and business has long stable of customers in Northern NJ market.

Support & Training:

Will train for 2 weeks @ no cost Living Room, Dining Room, Bedroom, Office and every other room in the home- they have it all! Top names for discount prices! They sell both wholesale and retail!

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Business Listed By:

Daz Connell

Murphy Business Brokers