Profitable Furniture Store, Cheap Rent & Priced 2 Sell

Manatee County, FL

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Asking Price: $120,000

Cash Flow: $55,000

Gross Revenue: $375,000

EBITDA: N/A

FF&E: $10,000

Inventory: $120,000

Rent: $4,300 /Month

Established: 2014

Profitable Furniture Store, Cheap Rent & Priced 2 Sell

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Business Description

Just Reduced $40k! Profitable Outdoor Furniture - Long lease

Well established Upscale Casual Furniture Business with a focus on Outdoor Furniture which represents 70% of Sales. Golden opportunity to take a thriving business and grow it even further. Seller's health forcing sale. Buy at wholesale cost and the upside is all yours. Great for "mom and pop" or hire a manager and enjoy the income stream. Very reasonable lease rate for space.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
8,000
Lease Expiration:
7/31/2026
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
8000 SF of Showroom space with 1000 sf+/- warehouse area for receiving and staging of deliveries. Excellent road frontage and visibility. Overhead Loading door in the rear. 10 parking spaces.
Competition:
Other furniture stores in the market though not with the same quality product.
Growth & Expansion:
New owner potential to Improve Website and expand hours and marketing. These are currently limited due to Seller declining health.
Support & Training:
Up to 4 weeks as needed.
Reason for Selling:
Health Issues
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Contact the Seller

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Lawrence Richards

Business Listed By:
Lawrence D. Richards, CCIM

Optimus Commercial Real Estate Investment Advisors

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