Furn.Store/Bldg.-Cash Cow
Location: Pennsylvania > Meshoppen
Industry: Home and Office Furniture > Home Furniture Retailing
Financials
Asking Price: $1,299,000
Gross Revenue: $1,133,000
Gross Revenue Comments: stable
Cash Flow: $201,000
Cash Flow Comments: solid history of cash flow!
Inventory: $420,000 (Included in Asking Price)
FF&E: $30,000 (Included in Asking Price)
Real Estate: $650,000 (Included in Asking Price)
Seller Financing: Bank financing can be arranged for qualified buyers.
Buyer should have access to a minimum of 350K.
Business Summary
Long established furniture store with huge customer base available for the first time! Main building consists of 18,100 square feet and is consistently hitting sales in excess of 1M annually! Very profitable, huge customer base and well run facility.Sellers have developed strong cash business and have strong inventory and floor sample showroom. Great hours, outstanding website, good staff and delivery program.Top furniture store west of Scranton. Retail of carpet, linoleum, tile-big rpofitable part of the business too!
About the Business
Year Established: 1965
Employees: 4 full time -
Facilities: Gorgeous 15,000 Square foot showroom with 3000 Square foot warehouse.
Nearby is a 19,500 Square foot warehouse.
AAA location with high visibility and parking.
Market Outlook and Competition: Dominant furniture retailer in region.
Minimal competition since facility has 40 year history and enormous customer base by name address and buying history.
About the Sale
Management Training and Support: 80 hours training provided at no additonal charge.
Reason For Selling: Retirement
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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. Please review the full Disclaimer here.
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