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Business For Sale Listing #S68015
Retail Furniture Store
Great Opportunity!
This is a great opportunity to acquire a thriving full line Furniture Business. The company serves mid to high end customers in the Denver Area. Its outstanding reputation, niche market, exclusive lines, great location and quality personnel have contributed to an average sales increase of over 13% in each of the last three years. This has been accomplished with only part-time involvement from the owner. The store's extensive advertising program already reaches several potential new markets. The selling price does not include inventory, which has averaged $187K over the past 12 months. The cash flow is excellent. This quailty business is priced to sell. The owner is interested in finding the best possible match.
Primary Business Category
Retail Trade - Furniture & Home Furnishings (SIC 57, NAICS 442)
Secondary Business Category
Retailers - Miscellaneous (SIC 59, NAICS 452)
Location
Colorado
Metropolitan Area
Denver Metro
Listed by
An Intermediary
FINANCIAL INFORMATION
Gross Revenue
$2,600,000
Asking Price
$845,000
Current Year Projected Revenue
$2,750,000
FF & E (included)
$60,000
EBITDA
$368,374
Inventory (included)
Not Disclosed
Current Year Projected EBITDA
Not Disclosed
Real Estate (included)
Not Disclosed
Profitable
Yes
Transaction Sought
Not Disclosed
Business Type
S Corporation
Payment Requested
Not Disclosed
Financials
Not Disclosed
Seller Financing Available
Not Disclosed
COMPANY INFORMATION
Year Established
Not Disclosed
Home Based
No
Number of Employees
11 to 25
Franchise
No
Management
Available to Stay
Distressed
No
Non Compete Agreement
Negotiable
Relocatable
No
Reason for Sale
New Opportunity
Fiscal Year End
December
Ownership
Private
Key Employees
Available to Stay
Facilities
Large showroom and warehouse. Leases under market value. Showroom lease has two 5 year options at small incremental increases.
SELLER INFORMATION
Dan Gray
Personal Friend
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