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Beautiful, Large Furniture Shop for Sale, High Profit Margin

Hudson County, NJ

Seller Financing Available
180K inventory plus 80K goodwill fees included
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Asking Price: $450,000

Cash Flow: $200,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $10,000

Inventory: $180,000

Rent: $5,000 /Month

Established: 1976

Beautiful, Large Furniture Shop for Sale, High Profit Margin

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Business Description

Established since 1976, this furniture shop has over 5000 loyal customers and 40 best-end furniture vendors. $180,000 of inventory and $80,000 worth of goodwill accounts with top manufacturers will be provided to the buyer without additional charge. Rent is only $5000 for this large 6000 sq.ft store plus 3000 sq.ft of storage space. The elegant store is filled with merchandise including expensive sofas, mattresses, designer decoratives, showcases, many beautiful chandeliers, and the best furniture you can find. Everything inside the store is breathtaking from the moment you walk in until you leave, your eyes will be gleaning everywhere with praises for the quality and elegance of the merchandise. Total sale $1,000,000. Profit $200,000. Asking $450,000.

Detailed Information

Location:
Hudson County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6000 sq.ft store and 3000 sq.ft of basement storage; The main website of the store
Competition:
Long established, high-profit-margin, 5000 plus loyal customers, 40 best end vendor accounts, $80 of brand goodwill, $180K of inventory included, Support and coaching provided.
Support & Training:
Training and support will be provided
Reason for Selling:
Other committments
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Dean Bari

Business Listed By:
Dean Bari

Global-BizBuySell

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