Retail - Home Furniture & Furnishings | Retail - Miscellaneous Retail

Asking Price	$50,000	Inventory
Gross Income	$216,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1980
FF&E	N/A	Employees	4

* included in the asking price

** not included in the asking price

Great Lakes Futon has been a well known specialty furniture store in the Milwaukee are for nearly 30 years and has been successful by being able to roll with the ever changing times and trends. With traditional pieces to the most contemporary, they have styles for every customer. Due to the recent gentrification that has occurred in the downtown area, thier furniture is popular as ever among the residents of all the newly constructed condos and apartments. Great Lakes Futon also offer other specialty furniture such as, Japanese Tatami beds and floor mats which are gaining more and more popularity, along with carrying tables, lamps, and a vast array of artwork and wall hangings to add the finishing touches to any ones home. This is a must visit furniture store if you are furnishing or simply re-decorating a living space.

Facilities: This 2000 sq. ft. brick building is located in Milwaukee. Rent is $2,100/mo and lease is month to month, but landlord will sign long term lease.

Competition: Currently does some marketing and has a website, but could increase awareness and customer base by working with the local newly constructed condos and apartments. The store is within miles of hundreds of new condo and apartment units, and their furniture is very popular among those owners and tenants.

Growth/Expansion: Great opportunity for growth with the areas recent re-develpoment. Also could expend with internet sales.

Financing: Seller will consider offering seller financing

Support/Training: Seller will offer 8 weeks of traing at no additional cost.

Reason Selling: Retiring