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Successful Furniture & Appliances Store for sale in IA

Iowa (IA)

Asking Price: Gross: Cash Flow:
$ 1,700,000 $ 1,855,500 $ 298,500

Furniture and Fixtures Value:
$ 100,000 (included in the asking price)

Inventory Value:
$ 500,000 (included in the asking price)

Real Estate:
$ 800,000 (included in the asking price)

Business Summary:
A regional leader offering furniture, appliances, fireplaces, carpets, flooring and additional interior items, this business is offered as a turn-key business opportunity. A one stop shop, the business has served the local and regional community for over three decades. Now looking to retire, the owner would like to find a buyer that can continue to serve his large customer base and take the business to the next level. The real estate that houses the business is also offered for sale and included in the price.

 

   
Year Business was Established: 1991
   
Number of Employees: 5 FT  
   
Facilities / Terms of Lease: The business is housed in a large building featuring both retail, display and warehouse areas. Located on a busy state highway, the building sits on almost two acres and has great visibility and ample parking. The real estate is offered for sale and is included in the purchase price.  
   
Potential Growth/Expansion: A new owner can look to fuel growth by possibly ramping up marketing via different social media platforms, or simply look to add or vary the current product and service mix.  
   
Competition: Because of their location in rural Iowa, there is minimal competition that exists. In business for over three decades, the business has built a large and loyal customer base by delivering quality products and services.  
   
Owner willing to train: Will train for 3 weeks @ $0 cost.  
   
Reason for selling: Seller looking to Retire.  
   
Seller Reference Number: 5004-18238
BusinessMart.com Listing Number: 307127
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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