Furniture Showroom, Warehouse & Home Furnishings Store with $300K Inventory Included
Financial Information
- Asking Price: $985,000
- Gross Revenue: $2,192,459
- Cash Flow: $199,945
- Down Payment: ON REQUEST
- FF&E (Included): $60,000
- Inventory: $300,000
- Financing: Yes
Business Location
- Northern Ohio
- Ohio
Large Northern Ohio furniture showroom, warehouse and home furnishings store, furniture, office furniture, mattresses, home decor, sells custom furniture, Ashley, England. The store provides a financial program for purchasers of furniture. Located in North Central Ohio between Cleveland and Toledo. Validated and proven for 12 years. Largest market leading showroom in the region. Attractive showroom, well stocked with $300,000 inventory, furnishing the public, large organizations, companies, and agencies. Asking $985,000, gross sales are $2,192,459 with seller discretionary cash flow of $199,945. Beautiful facilities on a busy four-lane thoroughfare, 17.3461 acres, 31,985 SF and 3,600 SF, $130,000 of solar panels installed, video surveillance, security system, digital signage, two delivery trucks, tractor, plow, pickup truck, finishing mower, two computers. Advertises on their website, Facebook, Cable Network, radio, FSI Town Saver, billboard, bus transit, leisure living, Google analytics, bus wrap. The information contained herein has been secured from the Seller. Sunbelt Business Brokers of Northern Ohio does not warrant or guarantee in any way whatsoever either the accuracy or the correctness of the information or any assumptions or inferences there from. Buyer should conduct his or her own diligence before buying. This information is subject to change without notice. The real estate is presented by EMMCO Realty Group, Coldwell Banker.
Support / Training Comments
Seller will negotiate a transition period
Reason For Sale
Retirement- Home Based: No
- Year Established: 2007
- Franchise: No
- Year Acquired: 2007
- Willing to Train: Yes
- Relocatable: No
- Required Licences: Business
- Is Property Leased: No
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $795,000
- Real Estate Asking: $795,000
- Fulltime Employees: 7
- Part time Employees: 4
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Parking: Ample
- Monthly Rent: ON REQUEST
- Lease Terms: Located on 17.3 Acres