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Gorgeous Home Interior Store & Service (design-install) for sale in CO

Colorado (CO)

Asking Price: Gross: Cash Flow:
$ 775,000 $ 455,880 $ 72,999

Furniture and Fixtures Value:
$ 83,000 (included in the asking price)

Inventory Value:
$ 145,000 (included in the asking price)

Real Estate:
$ 550,000 (included in the asking price)

Business Summary:
Beautiful mountain community in Southwestern Colorado. Priced at the value of the real estate, one could continue operating the profitable, well established business with an impecable reputation, or purchase the real estate, with great visibility, for another business. The business is a home interior design and furnishings store with retail store front handling all types of flooring, fabrics, window treatments, lighting and home décor, including furniture, carpets and rugs, decorations, etc. The business serves middle to upper-end new construction homes, as well as remodels. The business, while profitable now, has incredible potential when the economy begins booming again: it is the one home furnishings store, ideally located to provide to a multitude of subdivisions that are from 10 - 25% built-out. Constant business from large target market of older home remodels. Come live your dream in this incredible setting. This is not an Aspen or Telluride, the people here are down-to-earth and fun/great to work with. Let your creative talents run free, as you gaze out at all the wildlife and amazing views out the doorstep. Enjoy all the outdoor and cultural activities the area has to offer. Please note: Since real estate is included in sale, Owner Benefit INCLUDES the fair market value of rent (shown as expense, but then added back in the "Other" row).

 

   
Year Business was Established: 1996
   
Number of Employees: 2ft/1pt  
   
Facilities / Terms of Lease: Real estate is included. Includes 2 lots, one 100'x100', and the other 50'x100' on city sewer and a commercial well (not owned, pay $500/yr for use). Building is approximately 5,350 sq. ft., which includes about 1,000 sq. ft. of warehouse space. Built in 2000, it is new and absolutely gorgeous! Suppliers help fund updates to showroom, so the displays are fresh and up-to-date.  
   
Potential Growth/Expansion: Depending upon economy, the store is well situated for excellent growth, when construction in area resumes.  
   
Competition: Competition within the town and surrounding area is minimal. The store competes with big box stores in cities to the east.  
   
Owner willing to train: Will train for 4 weeks @ no cost  
   
Reason for selling: Retirement  
   
Seller Reference Number: 7501-7275
BusinessMart.com Listing Number: 108472
 

 

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For more info contact:

Roger Murphy

Murphy Business & Financial Services
727-725-7090

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