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Listed by:

Transworld Business Advisors of West Florida

Furniture Liquidators With Four Locations For Sale

Pinellas County, Florida, US
Asking Price:
$1,499,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,856,310
Cash Flow:
$843,351

Unique opportunity with extremely high-profit margins and has been deemed an essential business. The 2020 financials were a record year. The company has 2 aspects, hotel liquidating and then the resale of used furniture and all types of decor. The liquidation aspect is typically the clearing out of all the rooms in hotels, motels, and timeshare locations. Often there is no cost, of very low cost for the items. The products are then brought to his 4 locations and sold. Buyers of the products are typically other smaller hotels and time-share units but also has walk-in customers that just purchase a couple of items. This could be a great opportunity to either create a franchise or licensing agreement to take it nationally. Please refer to listing , Agent Joe Nicolini when inquiring about this listing. Thank you!

Property Information

Real Estate:

Lease

Lease Terms:

Type of Location
Facilities strip centers and free-standing

Monthly Rent $34,000.00
Square Units (Foot, Meter) 49,300

Lease Expiration Date
Terms Options open

Size in square feet:
49,300

Business Operation

Reasons for selling:

Other

Trading hours:

Tues - Sat 10-6 and Sun and Mon 12-5

Employees:
12
Years established:
10

Other Information

Support & training:

Seller will train for 4 weeks at no cost

Financing available:

Other Financing Amount $1,368,200.00
Other Financing Interest 6%
Other Financing Term Months 120

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price

Listed by

Transworld Business Advisors of West Florida

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