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Perfect Business In Great Arizona Location! (17609) For Sale

Arizona, US
Asking Price:
$475,000 Furniture / Fixtures included
Sales Revenue:
$1,885,000
Cash Flow:
$301,335

2021 was the best year to date! In 1991 we started selling outdoor furniture. 31 Years later we are still here and going stronger than ever. Patio Furniture creates an outdoor paradise especially in this beautiful state of Arizona where the landscape creates the most wonderful mountain views for relaxing evenings. Golf course patios are full of activity and what a backdrop. Folks would think 4 – 8 chairs and a table of their liking, are now creating another family room, outdoors! Incorporating sofas, loveseats, swivel club chairs, firepits, coffee tables, end tables, lamps, and rugs. Oh, and of course poolside chaise lounges and umbrellas even in the pool! Our high-quality specialty furniture consists of modern, bold and elegant collections that stand the test of time. Artwork lines the store walls creating the patio life. The location of the store has been voted top 3rd area, in which to live in Arizona. The customers we attract are the best in the area; not afraid to spend money on their patios because they know that is why they moved here. We use our website, analytics, target marketing and our repeat business is outstanding. Our best advertising is our customers. Our store, surrounded by high traffic, is in a prime location with ample parking. Business has surpassed estimates with 2021 Revenues of $1,885,000, alongside Discretionary Earnings of $301,335 and EBITDA values up to $253,429. By exceeding previous sales by 50% with now 3 record years in a row, listing is sales force to be reckoned with, staying on top of market trends with a quick inventory turnover, right out the front door! We offer delivery and have a warehouse less than a mile away. Available for a smooth transition, we are retiring and not going anywhere because we live in paradise already. Enjoy knowing help is nearby if needed. Inventory averages $200,000 monthly. Live the outdoor life - right at home!

Property Information

Real Estate:

Lease

Premises Details:

Inventory is not included in Sale but can be purchased additionally.

Size in square feet:
8,700+/-

Business Operation

Reasons for selling:

Approaching retirement.

Trading hours:

Monday to Saturday from 9AM - 5PM & Sundays at Noon to 4PM.

Employees:
5 nonunion.
Years established:
1991

Other Information

Support & training:

Owner Transition period as needed.

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

10% financing is negotiable for the right buyer.

Furniture / Fixtures value:
$74,295 - included in the asking price
Inventory / Stock value:
$200,000

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