Very profitable turn-key furniture, mattress and appliance store

Asking Price$775,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,400,000

Inventory$350,000
Not included in asking price
FF&ENot Disclosed

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Very profitable turn-key furniture, mattress and appliance store


Asking Price$775,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,400,000

Inventory$350,000
Not included in asking price
FF&ENot Disclosed

Business Description
Premium opportunity to purchase our turn-key appliance, mattress and furniture business that has been in business for over 35 years and has flourished the last 10 years under our husband and wife team. We have been operating the store our selves 7 hours a day 5 days per week with no need for sales staff, only employing a delivery crew, while grossing over $1 million a year. Someone could easily do the same for excellent income, or increase hours, hire a manager and sales staff for passive income. We have been highly successful in this business, taking home $300k or more per year, and are only selling because we are able to retire at a young age. This business's potential is only limited by the new owner's vision, passion, skill, and work ethic! Our business has very little competition, an existing customer base, excellent reputation and name recognition, an online presence, established sales, a prime location on the busiest street in town -- and excellent growth opportunities. We are well established with big name brands such as Serta mattresses, Whirlpool, Maytag, Best Furniture, Ashley, Coaster and more. The 8,000sq ft location is leased, however the business has been located in the same building for 35 years and has a long standing report with the owners of the building. We are happy to provide a reasonable transition period after the sale of the business to assist the new owner in a smooth seamless transition. Ideally we would like to sell to another couple or individual that wants to operate the store themselves. We feel that would be best for our customers and our community.

Asking $775,000 plus inventory which averages $300k-$400k.

Financials only available to serious buyers with proof of funds and a signed NDA.

Upon sale of the furniture store we will also be selling our beautiful home on one acre located only 15 minutes away from the store. We are open to a package deal for interested parties, as local real estate is limited and hard to acquire.
About the Business
Years in Operation
37
Employees
4
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
8,000
Listing Info
ID
2241572
Listing Views
2322

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Listing ID: 2241572 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.