Active
Well Established Funiture and Decor Store - Inventory Included
Furniture and Decor retail store located on busy road in Northeast Florida. Inventory of $200,000 (cost) is included in the sale price. Owner is retiring but is willing to train and assist in the transition. There is opportunity for growth by opening for longer hours and improving digitial marketing presense. Significant leased space is not fully utilized and can be converted to retail space. Business has a solid reputation and a good relationship with Vendors. Trained employees are in place.
Listed By: Anthony Rigney
Background information
Reference:
BBF-110-02347
Year established:
1996
Reason selling:
Retirement
Finance
Sales:
$974,901
Profits:
$104,841
Profit type:
Discretionary Earnings
Operations
Employees:
4
Equipment:
Included in asking price $5,000
Inventory:
Included in asking price
Premises
Facility:
11,000 square foot of space in a strip center on a busy road. All space is not currently utilized. A new owner has room to expand without an increase in rent.
Rent and lease terms:
$10,600
Location:
Town Of Nocatee, FL
Opportunities
Growth:
Increase hours and improve digiital marketing efforts.
Price and terms
Price:
$475,000
Training:
2 weeks at no cost. Seller willing to stay longer if need to help with transition.