This retail store specializes in the sale of consumer electronic equipment for auto, truck, and home as well as home furniture. Home furniture, beds, and mattresses under band names such as Coaster Furniture, Furniture of America, Crown Mark Furniture, and Home Elegance. The facilities include a large show room and installation shop area. The store is part of a free standing building located on a busy high traffic street with a great low cost lease.
- Asking Price:
- $175,000 Inventory / Stock included
- Sales Revenue:
- $240,000
- Cash Flow:
- $74,400
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease expires 9-30-28 and has 2 five year options to renew.
- Location:
-
1801 Shaver Street, Pasadena, TX 77502
- Premises Details:
-
The store occupies 50% of a free standing building.
- Size in square feet:
- 3,535
Business Operation
- Reasons for selling:
-
This owner opens and sells profitable stores.
- Trading hours:
-
10 AM to 5 PM Monday to Saturday.
- Employees:
- 2
- Years established:
- 2013
Other Information
- Support & training:
-
As needed
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$87,500 Cash Down and $87,500 Seller Note 5 years at 6% interest = $1,691.62 P/M
- Furniture / Fixtures value:
- $20,000
- Inventory / Stock value:
- $48,000 - included in the asking price