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37691a All Inclusive Strategically Located Furniture Business For Sale

Missouri, US
Asking Price:
$2,145,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,765,527
Cash Flow:
$299,000

Since inception in 1960, this retailing business in East Central Missouri, West of St. Louis, specializes in the sale and installation of top-line furniture products for residential or commercial clients inside their service radius of 45-50 miles. As the authorized dealer for several brands, the company can offer direct manufacturer rebates and payment options on inventory that ranges from mattresses, flooring or kitchenware to electronics and other home related appliances. Headquarters is a vast 39,500 square foot facility that features a showroom area of 28,900 sq. ft., a warehouse of 10,000 sq. ft. and office of 600 sq. ft.; Able to handle extra capacity, property is found in excellent condition and is included within the asking price. The hands-on operations are ready to be run by new industry buyer, with the help of the skilled personnel of nine nonunion employees with expertise in their field of work, agreeing to stay post-purchase. Besides maintaining a website and social media presence for self promotion, marketing efforts focus on utilizing radio ads and their proven effective word-of-mouth referral source system, backed by their large repeat customer base. Remaining for a short transition period to assist with business growth, seller believes opportunities exist for further gross profit, as 2019 saw total revenue amounts reach $1,765,527, along with Seller Discretionary Earnings of $299,000. Based on an independent evaluation!

Property Information

Real Estate:

Real Property Included

Size in square feet:
39,500

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday from 8:30AM - 5PM & Saturdays from 8AM - 3PM

Employees:
9 nonunion.
Years established:
1960; acquired 2017.

Other Information

Support & training:

Seller will remain for a short transition period to assist with business growth.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing can be negotiable for the right buyer.

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$550,000 - included in the asking price

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