Furniture Store For Sale, Owner Left The Country Urgent

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furniture and lighting store for sale
Asking Price:
$500,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$400,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

A family owned and operated company with multiple stores. Due to an unfortunate death. couple of managing family members had to move back to our home countries and we are left without enough power to operate. we're looking to sell couple other of our businesses. This specific location is located on a very busy street due to its location next to a very busy highway, off and exit and easy to direct., and retail and a shopping center. established furniture store. add on mattress and chandeliers which made the store unique and one of its kind in our area. We deal with high-end to discount furniture and lighting. this location has a vast shared parking lot with one retail store, a front on street entrance, a rear parking entrance.

About the Business

Year Established:
2017
Number of Employees:
5
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
13,500
Lease Amount/Mo.:
$23,500.00
Lease Expiration:
11/18/2027
Facilities:
our operation is ran from a Bronx based warehouse which takes care of stock, ordering, delivering etc... but this specific location in New Rochelle could be self efficient since you have the luxury of space and parking. you can fully operate as an independent.
Website:
WWW.FURNITUREDIRECT411.COM
Market Outlook/
Competition:
Furniture market is stable. Lighting and chandler is booming since you will be providing product that are hard to get, but with our connections, its as easy as it could be.
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About the Sale

Reason For Selling:
Family lost one of its key members. Not enough man power
Training/Support:
the floor needs a minimum of 3 sales men, a floor manager and a secretary to run a hassle-free operation.

Listing Info

ID:
1384727
Ad Detail Views:
212


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Business Listed by
AHMAD ALZOUBI

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