Retail - Home Furniture & Furnishings | Retail - Miscellaneous Retail

$Seller Financing Available

Asking Price	$495,000	Inventory	$100,000*
Gross Income	$979,322	Real Estate
Cash Flow	$108,396	Year Established	1989
FF&E	$10,000*	Employees	3 Part Time

* included in the asking price

** not included in the asking price

This is the premier furniture, lighting, fabric and design shop in the area. Located in a popular resort area and the customers come from a wide area because of the wide selection offered. Tourists are very important while Mobile and Baldwin counties will provide the bulk of the business, all the way down to Gulf Shores and Pensacola. It is important to note that 85% of the inventory in fabrics and 15% is in furniture. The interesting point about this is the furniture accounts for over 55% of the sales. Because furniture is not tied up in inventory costs and expense, this makes the furniture sales very profitable. Located right in the heart of a busy shopping district the shop does not have much of an advertising expense. Sales were very steady from 2007 to 2008. The owner will stay for training to insure a smooth transition; the shop also has several experienced employees that would like to stay.

Facilities: 2,000 sq. ft. building

Seller Financing Available: Yes

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Ready to make a change