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Home And Office Furniture Retail Store For Sale

Salt Lake County, Utah, US
Asking Price:
$329,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$495,240
Cash Flow:
$45,288

Office and Home Furniture retail store, with an established presence in Utah. The Home Furnishing side of the business has been around for over 50 years in Utah and the Office Furniture store has been around for over 20 years. Both businesses have great name recognition and a loyal customer base for a new owner to capitalize on.

The current owner typically carries a large wholesale inventory, between $100,000 to $150,000, this represents an excess of inventory of between $50,000 and $100,000 for a company of similar of similar size.

Property Information

Real Estate:

Lease

Premises Details:

Large facility in a strip mall located in Salt Lake Valley, Utah.

Business Operation

Expansion Potential:

The combined business presents a unique opportunity to be part of a fun business, that you can't lose if you are ready to run it correctly. The expansion possibilities are endless and could lead to an increase in sales over time. The ground work has been laid and these companies just need that new owner to capitalize and grow this business into the juggernaut it can be!

Competition / Market:

The top competition is RC Willey, Ashley Home Stores, and John Parris Furniture. The company carries different brands of furniture and focuses on buying in volume for better prices than its competitors.

Reasons for selling:

Retirement.

Trading hours:

Monday-Saturday 10am-6pm

Employees:
2 FT/2 PT
Years established:
50

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$150,000 - included in the asking price