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Asking Price$399,000
Revenue$1,028,000 Established2004
Cash Flow$110,000 Employees4 full, 6 part
FF&E$25,000 FranchiseNo
Inventory$150,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
PRICE JUST REDUCED AND Seller is MOTIVATED to sell in 2012! A well established retail furniture business that is well located in the Sierra foothills and very close to a major metro area. Strong housing growth in area traditionally. This business is well positioned to see rebound as economy improves due to location and reputation. Three years in a row, voted "the best" furniture store in the area by newpaper readers in the county. Owner has good books and records from day one and has implemented management systems that have created solid growth in gross margins and cash flow
Facilities:High traffic retail center location with highway visibility and easy access. 8000 sq ft. leased facility,includes 7000 sq ft showroom.
Competition:Related to housing cycles yet this business has seen success even in tough economy due to location, visibility and established name and client base.
Growth Potential:As economy recovers this business is well positioned to grow due to the established customer base of repeat business and reputation for product and service.
Training/Support:Owner will provide training for two weeks.
Seller Financing:Owner may consider a small carry note to the right buyer.
Sale Reason:Other business interests
Ad #28817
Seller Reference #201205
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Contact This Seller
Mark Smith
Summit Business Advisors
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