| Asking Price |
$325,000 | Inventory |
$191,099* |
|---|---|---|---|
| Gross Income |
$885,599 | Real Estate |
|
| Cash Flow |
$106,104 | Year Established | 2005 |
| FF&E |
$18,952* | Employees | 3 |
* included in the asking price
** not included in the asking price
Outstanding 25K SF retail location with tasteful layout and growing repeat customer base. Bargain lease rates (less than of market) promise lower operating costs for many years to come. Excellent location near a very busy mall, restaurants, and high volume pet shop drive heavy drop-in & browse traffic. Store was relocated to this facility a year ago and is quickly establishing itself as a popular furniture destination and is driving repeat customers. Little formal training required to manage this business. Seller is newlywed and wants to scale back working hours so they can have children and he can spend more time with his family.
Attachments: Download additional information (PDF)
Facilities: With prime location and 25K SF, this business is poised for high growth and increasing profits due to bargain basement rent at $2.00 a square ft., along with very low triple net. After the first two years it only goes up $1 per sq. foot every 2 years, capping off at $6 for years 9 & 10. And there is a 5 year lease option after the initial 10 year lease.
Competition: Store is located in a prime tract of real estate and enjoys little competition. Also has a 10 year lease agreement at approximately 50% of market.
Financing: 175,000
Support/Training: Seller will train buyer for 1 week at no additional cost
Reason Selling: Seller just re-married and wants to spend more time with family

Douglas Batts
469 877-3684
Murphy Business & Financial Services
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