Third Generation Furniture Store With Loyal Clientele For Sale

Asking Price$175,000

Cash Flow
$85,107
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$511,557

Inventory$35,000
Included in asking price
FF&E$15,000
Included in asking price
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Third Generation Furniture Store With Loyal Clientele For Sale


Asking Price$175,000

Cash Flow
$85,107
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$511,557

Inventory$35,000
Included in asking price
FF&E$15,000
Included in asking price
Business Description
This furniture store sits on a busy corner of the greater Galleria Area of Houston. A third generation (grandson) is running the business after grandfather could not any longer. The shopping center is undergoing renovation so a new owner will get the benefit of new appearance. A large two-story showroom with a private office for owner. This business has been run by one person and owner/accountant who is keenly aware that the new owner would see substantial increase in volume with hiring sales persons and adding cash-and-carry inventory like mattresses. He is happy to train for four weeks after sale and help implement these advancements to help improve new owner's success.
The business caters to a spanish speaking community so sales are heavy in cash. Finance programs are in place for purchases also. All employee drivers are 1099, and inventory goes out from the manufacturer so no heavy inventory to count. A streamlined opportunity that is already profitable, and could be much more so with the right sales oriented owner at the helm.
About the Business
Years in Operation
30
Real Estate
Owned or Leased
Leased
Lease Expiration
11/30/2025
About the Sale
Seller Motivation
Personal reasons
Transition Support
4 Week
Listing Info
ID
2420214
Listing Views
11

Contact Seller

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Business Listed by: Johanna Seiber Transworld Business Advisors of South & West Texas

Listing ID: 2420214 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. See our full Terms of Use. Learn how to avoid scams.


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