• Listing ID: 1270945
  • (Seller ref: 0018)

Upscale Rug Business In Collin County For Sale


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Asking price:
$499,000 (Furniture / Fixtures included)
Sales revenue:
$415,000
Cash flow:
$147,000
Years established:
2000
Employees:
2+Owner

1/1


This business has been open for 12 years in the same location. This business imports upscale rugs from countries around the world. They have an excellent product, great reputation, and loyal clientele. Owner pays his son $4,000 per month, so the new owner could combine the owner’s salary and owner’s son salary and net $147,000 per year.


Real Estate:
Lease
Location:
There are many other retail businesses surrounding this business, ample parking spaces, ~2,800 square feet, 1.5 years left on the lease. New lease can be negotiated.

Expansion potential:
There is a tremendous opportunity for growth and expanding by opening stores across the DFW metroplex.
Competition / Market:
As with any retail business there is competition, but there is limited competition in this industry.
Support & training:
Owner is willing to train for up to 3 months so new owner is acclimated to business.
Reasons for selling:
Owner is 61 years old and is retiring.
Furniture / Fixtures value:
$50,000 (included in the asking price)
Inventory / Stock value:
$400,000

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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