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Entrepreneur Buy This Unique Enterprise And Prove It For Sale

Huntsville, Alabama
Asking Price:
$699,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,100,000 (USD)
Cash Flow:
$230,000 (USD)

This operation is located in a large strip mall. It has two (2) 20,000 sq. ft. retail spaces that lease for $5,000 per month each and it has two(2) warehouses totaling 21,000 sq. ft. that leases for $4200 per month, total.

Property information

Premises Details:

5000.00

Size in square feet:
20,000 sq ft

Business Operation

Expansion Potential:

The seller is quite aggressive with his marketing and it would be hard to improve on it. A new owner however, might want to expand the concept to similar sized towns in the region.

Competition / Market:

No Similar competitors. There are approximately four (4) furniture retailer within a 10 mile radius, but they do not have the pricing or mix of products.

Reasons for selling:

Retiring

Trading hours:

Days: M-S, Hours: 10:00 to 5:30

Employees:
Full Time: 9, Part Time: 2
Years established:
10

Other Information

Support & training:

The seller will train for two weeks. He would also be willing to manage the operation for up to six (6) months at a salary of $1000 per week.

Financing available:

Monthly Payroll: $21,842

Furniture / Fixtures value:
$30,000 (USD) - included in the asking price

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