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Established Home Furnishings Retailer And Commercial Real Estate For Sale

Minnesota, US
Asking Price:
$895,000
Sales Revenue:
$1,276,704
Cash Flow:
$119,592

Established Home Furnishings and Appliance retail store and commercial real estate. Located in Northwest Minnesota and established in 1939, this third-generation business has been serving the community for over 85 years! The store is also known for unique wall art, home décor, everyday gifts, and a diverse collection of furniture, ranging from cozy sofas to stylish bedroom sets, all at an affordable price point. Also offers flooring products with premium carpet and luxury vinyl plank + installation. Full line-up of name brand mattresses and essential appliances to match your kitchen needs. This long-established business offers an incoming owner a strong foundation of loyal customers, established vendor relationships, multiple revenue streams, and a recognized regional reputation. Opportunities for future growth include expanded digital marketing and e-commerce, home styling services, commercial and organizational accounts, and expanded geographic reach. Inventory not included in asking price and will be valued and negotiated separately at closing. The seller is pursuing new opportunities and is committed to assisting with an orderly transition to new ownership.

Property Information

Real Estate:

Lease

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

New Opportunities

Years established:
87

Other Information

Support & training:

Negotiable