Rent to own-furniture/Appliances/Electronics
| Asking Price: | $600,000 | Inventory: | $389,000 ++ |
| Gross Revenue: | $400,000 | Real Estate: | $160,000 ++ |
| Cash Flow: | Not Disclosed | FF&E: | $10,000 ++ |
| ++ included in the asking price ** not included in the asking price |
This rent to own furniture business was started in 1983. It is a highly successful, full-service rent-to-own center featuring a treasure-trove of quality, brand-name furniture, electronics, computers, and appliances. They have earned an excellent reputation over the past 24 years for its expedient and reliable service, expertise in the industry, selection and variety of quality merchandise, friendly and helpful staff, easy finance and rental terms; prompt response time, convenient hours and location, and competitive rates. This business maintains an extensive base of satisfied clientele from all walks of life, who appreciate superior service and merchandise, coupled with affordability. The present owner will stay on through a reasonable transition period to acclimate you to the business, the employees and clientele. Call now for more information about this exciting business opportunity.
About the Business
Year Established:1983
Employees:5 full time - 4 part time
Facilities:There are 3 locations. One location is owned and included the other two are leased property. All locations have security cameras that are included in the sale of the business. The owned property offers a huge warehouse facility along with 11 already rented storage units. Additional details will be available during negotiations with the owner.
Market Outlook and Competition:There is some competition in this area.
About the Sale
Reason For Selling:Retirement
Seller Financing:There is some owner financing possible for the right buyer.
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