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Businesses For Sale   >>   Home and Garden Retail Businesses For Sale

Retail Furniture Business

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $880000
Net Profit / Cash Flow  $200000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1956
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Retire

58 successful years in the furniture business! Excellent Opportunity to obtain profitable well established furniture store. In business for over 58! Years this store is on busy Hawthorne Blvd in Lawndale/Redondo Beach area. 2nd generation seller is retiring and selling the store. Close to $130,000 of inventory is included in price. Excellent lease terms, sellers is a landlord, plenty of parking, own website, very busy street and great signage. Absentee owner is not involved in daily operations, sales people take care of customers, make orders, etc. Seller will provide training, introduce to wholesalers and may stay during the transition period. 8,000 sq. ft of retail space for only $8,000 including NNN. Average monthly gross sales is around $80,000 -$90,000 and average net profit plus add-backs is around $15,000 -$17,000). Great opportunity for working owner (payroll to salespeople is $ 10,000). Run your own show and keep it all!. For more information, please email or contact Alex Levitan at 818-640-8080.

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