Furniture Store in Mecklenburg County NC - 31543

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Asking Price:
$950,000

Gross Revenue:
$1,450,000
Cash Flow:
$400,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000,000
not included in asking price

FF&E:
$125,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

High end designer furniture and accessories. This is the perfect business to take advantage of this highly affluent and growing major city in the south. With a history that goes back over 20 years, the company operates two stores both of which are in very upscale areas. Very high margins with a growing volume of sales ensures this to a be a real money maker for the new owner. Please note- inventory is included in the price. Selling only due to retirement, the owner will be happy to offer training period.

About the Business

Number of Employees:
15
Website:
www.vestedbb.com
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1555246
Ad Detail Views:
185

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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U.S. Census Data for Mecklenburg County, NC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Mecklenburg County, NC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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