The New Retail-Furniture and Mattress Distribution Center

Glen Allen, VA (Henrico County)

Seller Financing Available
The New Retail-Furniture and Mattress Distribution Center
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Asking Price: Get Financing: $38,900

Cash Flow: $48,000

Gross Revenue: $355,000

EBITDA: $48,000

FF&E: N/A

Inventory: $3,600*

Lease Rate: N/A /SF

Established: 1982

*not included in asking price.

The New Retail-Furniture and Mattress Distribution Center

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Business Description

Over the last decade nearly half of all store front furniture stores have gone out of business, which equates to less competition. Our potential targets are families that want quality furniture at bargain prices. Many statistics show that the furniture business is on a strong rebound. However, because our brokers have access to the same exact quality, variety and manufacturer of any storefront business, prices tend toward actual savings for the end-user and competing profits for the broker. With furnitureBROKERs using our specialized knowledge, we sell Quality and Price for all the reasons mentioned. Our Distribution Center owners provide furnitureBROKER owners the product lines directly, then sell to the End-User. Our Quick Start strategy creates immediate business, and increased business. We provide vital information giving access to tools that save time and increase effectiveness.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
-0-
Facilities:
Warehouse based business servicing the community in both retail and wholesale capacity.
Competition:
This location has very strong projections and financials. Competitive pricing in this area is high, which means large profits are achievable beneath local retail pricing. This is a key market opportunity.
Growth & Expansion:
We have the largest network of mattress, furniture brokers and distribution centers in the US, and we continue to grow and succeed.
Financing:
Seller financing available
Support & Training:
We offer full support and training through interaction with other Distribution Center Owners, as well as professional online training.
Reason for Selling:
Owner is expanding in Henrico County
Franchise:
This business is an established franchise
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Phyllis Rice

Business Listed By:
Phyllis Rice

Phyllis Rice Business Broker

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