| Asking Price |
$500,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2004 |
| FF&E |
N/A | Employees | 4 |
* included in the asking price
** not included in the asking price
This is a rare opportunity to purchase this excellent location. Approximately 6500 sq. ft. Located on a major street in the heart of Portland's Upper downtown and Pearl district. This is not a franchise, but a license to work with some of the most innovative and creative people in the furniture industry. We suggest interested buyers take time to browse the Mitchell Gold + Bob Williams Web site to fully understand this nationally known company. This store will be sold completely stocked with the most current product and with an excellent sales staff in place should the buyer choose to take on less than a fully active role in operating the business. The owner is available to provide additional transition assistance upon request. We offer this business to those who love furniture, design, people, pets, global causes and those who are committed and able to work positively with the ideas and marketing directives of the Mitchell Gold + Bob Williams staff.
Facilities: This store is 4.5 years old. Lease expiration is May of 2009. Landlords are easy to work with and are open to discussions to re-let this space. Cash counters, sales computers and POS licensing is in place. This store has over 100 ft of display windows in a high traffic area.
Competition: The Mitchell Gold + Bob Williams store is the only location in Portland. Additional locations may be discussed with Mitchell Gold + Bob Williams directly. There are currently no retail furniture stores in the Portland area with the breadth of this offering.
Growth/Expansion: Currently, there are no plans to add additional stores. This store has been operated as a unit within other similar, but different brand stores and will need to be evaluated outside of this context.
Financing: None
Support/Training: Support and training are available, by contract or by the hour.
Reason Selling: Owner retirement.

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