Summary
- Asking price:
-
$750,000
- Sales revenue:
- $436,000
- Net profit:
- $290,000
- Years established:
- 7+
- Employees:
- 2 (both owners)
Business description
Teak furniture store for sale in the US Virgin Islands. Very successful growing Company selling TEAK furniture from Indonesia, Exclusive Distributors of TEMPUR-PEDIC mattresses and also selling slip cover couches, home accessories, artwork etc. A turnkey business with $$ made right away! large inventory and training included!
Property information
- Real Estate:
- Lease
- Lease terms:
- Just renewed lease for 5 years! Great landlord
- Location:
- Located just outside of Charlotte Amalie in a 6000 sq. foot warehouse showroom with skylights build outs, offices etc. Great location and lots of parking!
Other information
- Expansion potential:
- HUGE expansion potential! We do full Villas, condos and provide free interior design so that poeple are drawn to us to furnish one room or many homes! Potential to get in on larger projects is GREAT...hotels, condo developments etc.
- Competition / Market:
- Actually we are the top of our field here and no one here does what we do...others have tried but come and gone.
- Support & training:
- Full time training with both owners for 2 weeks and back up telephone consulting for 1 month.
- Reasons for selling:
- moving to the USA mainland after both having toddlers
- Trading hours:
- Mon-Fri. 9-5:30 and Sat. 10-4
- Furniture / Fixtures value:
- $65,000
- Inventory / Stock value:
- $200,000