Retail - Home Furniture & Furnishings | Retail - Miscellaneous Retail

Asking Price	$6,700,000	Inventory	$1,100,000**
Gross Income	$3,584,000	Real Estate
Cash Flow	$763,000	Year Established	1970
FF&E	N/A	Employees	11

* included in the asking price

** not included in the asking price

Second generation furniture retail store offers medium to high end residential furniture and related accessories. The business offers in home decorating and design services which incorporate the wide variety of furniture pieces and accessories into a custom designed setting for each customer. The Company extends credit to qualifying buyers and carries the accounts through final collection. Open Accounts Receivables are not included in the selling price.

Facilities: The building contains 30,000 square feet of heated/cooled retail, office and storage space. An additional 4,000 square foot area used for shipping and receiving and inventory storage is not air conditioned. The building is a steel frame structure which has been erected on a concrete slab with an attractive glass front accented by colorful awnings and signage. The main showroom has an 11 ft. eave height which provides an interior dimension which is similar to most modern homes so that display areas are realistic in dimension and scope.

Competition: The Company exceeds most of the local furniture retailers in volume sold, services offered to the customer base and convenient financing terms offered. Market outlook is good due to a loyal customer base of the business, the surging local building economy and the reputation established by the business over the last thirty years.

Support/Training: Owners are willing to stay through transition period.

Reason Selling: The owners are ready to prepare for retirement.