HS Listing ID-72750
$499,000 Asking Price + Inventory
Approximately $1.9M Annual Revenue
Approximately $220,000 Annual Cash Flow
Approximately $80,000 in Annual Vendor Rebates
Approximately 24 years in business
Semi-absentee operation
Owner works approximately 20 hours per week
Only 2 employees
Approximately 2,000 SF retail space + basement
$7,200/month rent
Established Queens customer base
Brand-new merchandise only
Refrigerators, ranges, stoves, microwaves, washers and dryers
Living room and bedroom furniture
Mattresses and other home furnishings
Established vendor and distributor relationships
Significant phone-based sales
Existing website
Limited current operating hours
Closed Sundays, creating an immediate potential growth opportunity
Strong potential through expanded hours, Sunday operations, digital advertising, e-commerce, Google Shopping, social media, retargeting, CRM, and improved online lead generation
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
