DecorLuxe Furniture Co

Charlotte, NC (Mecklenburg County)

DecorLuxe Furniture Co
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Asking Price: $1,150,000

Cash Flow: $380,000

Gross Revenue: $1,400,000

EBITDA: $1,400,000

FF&E: $200,000

Inventory: $1,100,000

Rent: $8,700 /Month

Established: 2014

DecorLuxe Furniture Co

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Business Description

Very profitable 2 furniture store company, we have a contract with one of the largest manufacturers in NC where we get a furniture for pennies on the dollar, this contract alone worth like a million dollars. So we are selling high end furniture at greatly discounted prices, we can beat any competition and still have 200 to 300% margins. Very strong long term team in place, which gives an owner a piece of mind and a chance to get away from it all anytime you want.

Detailed Information

Location:
Charlotte, NC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
40,000
Lease Expiration:
4/30/2020
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Way over a million in paid off inventory, a delivery truck and basically all you need to run a successful business.
Competition:
No furniture store can compete with me, my prices are lower and we can customize anything customer wants by reupholstering and changing frame colors on site.
Growth & Expansion:
Very easy to grow, I can get unlimited supply of high end furniture at extremely low prices.
Support & Training:
Willing to spend up to a month training.
Reason for Selling:
Family health issues.
Business Website:
http://Decorluxefurniture
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Business Listed By:
Yuri Murzin

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