Description Opportunity to own a profitable furniture store for sale in Nashville with buy here, pay here options. They have a wide selection of living room, bedroom, dining room, home office, entertainment, accent, furniture, and mattresses, all at affordable prices. Inventory of $115,000 is included in the asking price.
While the business opened in 2012, in its first full year of business the revenues increased 340% and achieved a positive cash flow of $110,000. Year to day financials of four months to April already reflect revenues of $362,161 with a net profit of $106,334! This will not last long on the market. ABSENTEE OWNER, with experienced and capable management already in place.
The Seller has other businesses and is focused elsewhere. The immediate outlook looks rosy for the industry, and 2014 is expected to have around 7% growth. During the five years to 2018, renewed increases in disposable income and strong consumer sentiment will help drive furniture demand. Furthermore, as home ownership rises, residents will purchase more household goods, subsequently growing industry revenue.