Retail - Home Furniture & Furnishings | Retail - Miscellaneous Retail

Asking Price	$1,500,000	Inventory
Gross Income	$2,200,000	Real Estate
Cash Flow	$550,000	Year Established	1987
FF&E	N/A	Employees	6

* included in the asking price

** not included in the asking price

This well known discount furniture and bedding company has supplied the Baltimore area with quality furniture and mattresses for over 20 years. Strong first quarter numbers are higher than the same period last year and they have an inventory that turns rapidly throughout the year. They sell furniture and mattresses at wholesale prices because of their unique buying power and the amount of inventory they can hold due to their warehouse capacity. Because of this they are able to market and sell to a diverse customer base spanning all income levels. They pride themselves on exemplary customer service and a flexible return policy which has guaranteed them a loyal following of customers who know they will be treated fairly and honestly. This company does business with the homeowner as well as institutions and agencies throughout the Mid Atlantic region. As well as selling to the public, this company also sells to some of the largest hospitality, medical and non profit organizations in the country. The business is priced based on its robust Sellers Discretionary Earnings and excellent return on working capital.

Facilities: Excellent warehouse facility/retail space with favorable lease conveys with the sale.

Competition: Minimum

Growth/Expansion: Excellent growth potential

Financing: seller will consider some owner financing with appropriate collateral

Support/Training: Seller will transition with the new owner.

Reason Selling: Retirement