Business For Sale Listing 107535
Furniture Store - Good Location - Good Upside!!!
Status as of Dec-4-2008 at 06:09 PM: Off The Market
Business Summary
Price reduced!!! Incredible opportunity. Furniture and Rug Store with great location, is on track to make over $140,000 in 2007!!! The low price is misleading for this store. Store was absentee-owner managed in 2006 and sales and profit were down over previous years. Since, returning to manage, the owner/manager has increased sales and profits dramatically. Additional profits can be made since customers must currently pay all cash. However, the demographics of the surrounding customer base would dictate changing the business model to include finance charges, which would quickly increase sales and would significantly increase the profit per sale. The company’s financial information is very complete with a receipt available for every sale and a vendor invoice for every purchase since it started. Owner intends to move out of state in the near future and must sell in order to complete his life plans. This is a great opportunity at a great price. Make an offer on this one before it is too late. 50% Bank financing is available to a buyer with good credit. The annual sales and discretionary earnings are projected.
Categories
| Industry: |
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| Location: |
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Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand (420,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (75,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand (110,000) |
