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High-End Furniture Delivery & Storage Business For Sale

San Diego, California - South, US
Asking Price:
$995,000 Furniture / Fixtures included
Sales Revenue:
$1,510,970
Cash Flow:
$338,461

This 30 year old company provides furniture storage, delivery, and white glove moving service for high-end clients. The majority of their customers are top interior designers that consistently use their services who require that their clients' furniture is opened and inspected prior to delivery. They have a well-established presence and great reputation in the San Diego and Orange County markets. Their centralized office/warehouse is 22,000 sq. ft. and has favorable lease terms. The business is very profitable generating $338k+ in adjusted net profit ($16-20k/mo revenue is recurring revenue from storage clients.) Included in the sale are 6 trucks (valued at $150,000) and all furniture, fixtures, and equipment. The seller is retiring, but is available for a proper transition period. This opportunity won't last long so call immediately for more details.

Property Information

Real Estate:

Lease

Lease Terms:

Lease ends 9/2022

Leasehold Rent:

$22,096 per annum

Size in square feet:
22,000

Business Operation

Reasons for selling:

Retirement

Employees:
13
Years established:
1990

Other Information

Support & training:

2 Weeks

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

$795k down with the balance seller carry note

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

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