Huge profits, Low overhead Furniture Biz

Reno, NV (Washoe County)

Seller Financing Available
Furniture Showroom

Asking Price:$55,000

Cash Flow:$132,000

Gross Revenue:$1,163,000

EBITDA:$132,000

FF&E:$1,000

Inventory:$5,000*

Lease Rate/Sq. Ft.:N/A

Established:1982

*not included in asking price.

Huge profits, Low overhead Furniture Biz

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Business Description

The Nation's largest network of furniture brokers is selling their Reno location.The furniture market has always retained a regular need. If you've never been in the furniture business, you sure are missing out. Maybe you sold furniture as an employee in the past; if so, did the owner ever let you see the wholesale list? More than likely not, as furniture dealing has remained a well-protected secret. Anyone who has been lucky enough to have ever dealt in furniture knows it is reliable and lucrative.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
See picture of warehouse
Competition:
What makes us optimal over our competitors: when we find ways to reduce our overhead, we pass these savings to our customers, as industry standard is to raise marketing budgets and pass these expenses on to the customer who has no idea anyway. For decades, this practice has helped skew the value of furniture in the eyes of the public. Our success lay in the downfall and failure of outdated concepts. As furniture stores close, our network becomes larger.
Growth & Expansion:
In the process of adding access to electric adjustable beds, spas, floor covering, appliances and Electronics to the portfolio of BigTicket items to make money on.
Support & Training:
Full training: https://youtu.be/qoyx-f7LnIk || https://youtu.be/6bUTXI7fSFY
Reason for Selling:
Owner is moving out of U.S.
Franchise:
This business is an established franchise
Business Website:
http://www.idealfurniture.org

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Jared Matteo

Business Listed By:
Jared Matteo

NewEconomyMattressGroup

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