MergerPlace

Established Retail Furniture Business

Nova Scotia


  • Asking Price: $75,000
  • Gross Income: $399,004
  • Cash Flow: $3,088
  • Real Estate: Not Disclosed
  • Inventory: $80,000
  • FF&E: $20,000
  • Listing ID: #205247
  • Established: 1992
  • Employees: 3 FT

Business Description

Reduced to sell - these owners are motivated! Any reasonable offer will be considered. For $75k you get a strong base of revenue ($300-400k), an established brand with a reputation for quality, historical customer lists and designs, a capable and experienced production team, inventory worth $50-60k at cost, and a fantastic location in a high traffic area. This is a great opportunity to acquire an established business with plenty of upside. The asking price is almost entirely supported by the value of the inventory, and represents a multiple of less than 1x annual gross profit. Real Estate available if desired.


Business Details

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

Company Information

Year Established: 1992
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $75,000
Gross Revenue: $399,004
Cash Flow: $3,088
FF&E: $20,000
Inventory: $80,000
Seller Financing Available: No

Property Information

Facilities:

Visible business in a great location. Real Estate available, if desired. Opportunity to relocate.

Reason for selling:

Owner would like to pursue other business opportunities.

Support & Training:

Will train for 2 weeks @ no cost. The business sells a variety of high quality custom furniture and established furniture lines.

Contact Business Seller

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Business Listed By:

Sean Murphy

Murphy Business Brokers