A California GOLD COUNTRY Opportunity
California (El Dorado County)
Home and Office Furniture - Home Furniture Retailing  |  Home and Office Furniture - Other Home and Office Furniture
Seller Financing Available
Asking Price:   $789,000Inventory:   $177,000 ++
Gross Revenue:   $1,619,000 (comments below)Real Estate:   n/a
Cash Flow:   $156,000 (comments below)FF&E:   $35,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Owners 2008 P&L
Cash Flow Comments: Owners 2009 TTM P&L
Consumer voted "the Best furniture store" in local newspaper poll three consecutive years! This established furniture and window coverings business is located in a high traffic retail center with great highway visibility and access.
Owners has solid books and records and has implemented an industry specific management information system that enhances operating results.
Owner has established a consigned furniture showroom in the same center that is doing well and included in this offering! Owners residence and company warehouse on 5 acres is also available.
About the Business
Year Established:2004
Employees:6 full time - 3 part time
Facilities:leased space in retail strip center. 7,000 sq.ft. with lease to 2010 and options to extend.
Market Outlook and Competition:Competitive industry. This business has been recognized consistently by community as "the best" and has a loyal customer base.
About the Sale
Management Training and Support:Owner will provide training. Management succession in place for new buyer!
Reason For Selling:Pursuing other ventures.
Seller Financing:Owner will consider partial financing for the right buyer.

KEYWORDS: Trusted Brands, large selection, 7000 sq ft showroom, profitable, poised for growth and long term staff. New Furniture, Consigned Furniture, strong cash flow.


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Seller ID:200902
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Business Listed By
Mark Smith, CBI  |  Summit Business Advisors
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