Furniture Store
Location: Tennessee > Southeast Tennessee
Industry: Home and Office Furniture > Home Furniture Retailing
Financials
Asking Price: $550,000
Gross Revenue: $869,164
Cash Flow: $216,042
Inventory: $275,000 (Included in Asking Price)
FF&E: $45,000 (Included in Asking Price)
Real Estate: $600,000 (Not Included in Asking Price)
Seller Financing: Seller will negotiate financing
Business Summary
FURNITURE STORE ~ Long established, stable retailer of quality furnishings for the home. The store carries many of the most well known name brands in the industry, of which several are available exclusively through this store in their competitive market area. Styles range from casual comfort to elegant formal; wood, leather, and fabric. Furniture lines include dining room sets, dinette sets, living room suites, entertainment centers, sofas, recliners, occasional chairs, bedroom suites, bedding, youth furniture and a variety of accessories. Store is well displayed and has one 'In-Store Gallery'. This is an excellent acquisition candidate for a strategic buyer looking to grow via acquisition, a motivated couple or individual. For further information, please contact Broker at 423.877.7720. Potential acquirers of this business will be asked to execute a Confidentiality Agreement and complete a financial profile before any identifying information on the business for sale is released.
About the Business
Year Established: 1963
Facilities: 18,875 sq. ft. building; available for lease or purchase
About the Sale
Management Training and Support: Seller will provide training
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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