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4 stores Selling Electronic Equipment & Furniture In Houston For Sale

Houston, Texas, US
Asking Price:
$1,625,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,902,252
Cash Flow:
$750,000

This company has four retail stores in the Houston metro area and specializes in the sale of consumer electronic equipment for auto, truck, and home that includes radios, speakers, TV sets, and sound equipment accessories that can be installed in the shop area.
They also do auto repair, and window tinting and sell new tires in most of their stores.

All stores sell home furniture and mattresses under band names such as Coaster Furniture, Furniture of America, Crown Mark Furniture, and Home Elegance.
Each store has a large showroom and installation & repair shop area.
Each of the stores is under a long-term lease.

The real estate is an option at several of the stores.

Property Information

Real Estate:

Lease

Lease Terms:

Each store is on a long term lease.

Location:

This business has five retail stores located in strip centers. One store is free standing and the real estate can be purchased or leased.

Premises Details:

Each store has a retail show room and repair/installation shop

Planning Consent:

The stores range in size from 3,000 to 7,000 sq. ft.

Business Operation

Reasons for selling:

This owner starts, operates and then sells these stores.

Trading hours:

9 AM to 6 PM Monday to Saturday

Employees:
15
Years established:
1998

Other Information

Support & training:

As needed

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

Negotiable

Furniture / Fixtures value:
$290,000 - included in the asking price
Inventory / Stock value:
$319,000 - included in the asking price
Related Documents: