High Profit Furniture Store
Location Florida,United States
Asking Price Range $250K - $500K
Gross Revenues $2557206
Net Profit / Cash Flow $207385
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training 2 weeks.
Reason for Sale Othe business interests.
Description Founded in 1997, this profitable furniture retail establishment occupies 10,000 SF. Rent is considered below market value at $14 per SF. Lease terms: 3 to 5 years remaining along with 2 two year options. There are 14 employees, including 2 full time managers. Most employees have been there for 7 to 8 years. Major brands include Ashley, Global and Coaster. This business also does a large volume in catalog sales with a network of approximately 40 vendors who push catalog business. Inventory is included in sales price. Asking Price: $299,000.
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