Furniture Store In San Fernando Valley For Sale

Business description

Great opportunity to get in the profitable furniture store in San Fernando Valley area. Under current owner for 18 profitable years. Well known, excellent reputation, aggressive marketing and advertising bring loyal customers. Landlord will be happy to work out the long lease with options. The seller owns multiple furniture stores and for the right buyer he may consider selling his other store in San Fernando Valley. Seller is retiring and selling his stores one by one. Without questions, slowing economy affected the bottom line, but store is profitable and continue making money. Gross Receipts for 2010 - $1,247,250, Owner Earnings around 120K. The wholesale value of inventory is around 120K is included in sales price. Call Alex Levitan, Sunbelt Business Broker (818)--------, Or Submit The NDA (Non Disclosure Agreement) Online. ---.---------.--- -> Confidentiality Agreement -> Submit Online ->Preferred Broker Alex Levitan

Property information

Real Estate:

Lease

Premises details:

8000 sq ft, $N/A

Business Operation

Reasons for selling:

Retiring

Trading hours:

Days: Mon-Sun, Hours: 10a-8p

Employees:

Full Time: 2

Years established:

19

Other information

Financing available:

Downpayment Required: $0

Furniture / Fixtures value:

$5,000 (included in the asking price)

Inventory / Stock value:

$100,000 (included in the asking price)