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#Business ID: 14980

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Profitable Furniture Store with Unique Property

Business Location: Delamarva, United States

Asking Price: $ 1,600,000 Revenue: $ 1,183,000 Cash Flow: $ 206,000

[Furniture / Fixtures included]
[Real Estate Included]

Business Summary

Asking Price: $1,600,000 Business: $400,000 Property: $1,200,000

Gross Sales: $1,183,000 Cash flow: $206,000

Inventory value; $180,000 Equipment value: $15,000

Real Estate value: $1,200,000

Reason for sale: Health

Profitable 18 year old, family run furniture store in a growing market with a solid customer base. The property has 12,000 square feet on 2 floors in a unique 117 year old building and another 4,800 square feet rear building. A third building is of approx 2600 is used as a warehouse. The store features Ashley, Brooks, Null, and Benchcraft among others. There is in house financing provided by a third party.

Seller prefers to sell the business and property together. The property, although not on the Historical Registry, it is considered antique. The property is almost three quarters of an acre with 3 buildings. Zoned commercial, this would allow for almost any use depending on the buyer’s vision.

Contact: Bill Selwood – Kirby Business Group -610-240-4770
www.kirbybusinessgroup.com

Property Details

Years Established:

1995

Property Type:

Real

FF&E:

$ 15,000

Inventory Value:

$ 180,000

Real Estate Value:

$ 1,200,000

Other Business Details

Business Operation Details

Employees:

7

Support & Training:

4 weeks

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

Health

Contact this seller

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