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Furniture Store

Nashville, Tennessee (Montgomery County)

Retail - Home Furniture & Furnishings | Retail - Miscellaneous Retail

Asking Price $225,000 Inventory $18,000* 
Gross Income $336,249 Real Estate  
Cash Flow $91,935 Year Established 1980
FF&E $26,000* Employees 4

* included in the asking price

** not included in the asking price

This company has been a longtime local mainstay. Strong brand name items are delivered to the doorstep, can be sold off the floor, or custom-ordered. Dedication to customer satisfaction has built a loyalty, the likes of which few businesses can boast; some customers have been coming back for 10 years! A wide customer base, spread over a broad area makes for rock-steady income.

Facilities: Situated in the same, prominent downtown location for nearly 30 years, this business enjoys steady walk-in traffic. The facility consists of 2,000 square feet of showroom and warehouse space. Located on a main street in the newly-renovated commercial center of town, parking is ample and easily accessable to passers-by.

Competition: Despite last year's downturn in retail, the company showed an increase in sales and an even greater increase in cash flow. Year to date, the company appears it will maintain that cash flow growth. In recent years, the company has run with two salespeople, covering a territory which spans into Kentucky. Repeat business has been the cornerstone of this store's steady sales; however, prospects of growth seem limited by the size of its sales staff and the advertising budget.

Support/Training: 2 weeks training included in asking price

Reason Selling: Reirement

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