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Premiere Furrier In The Chicagoland Area For Sale

Cook County, Illinois, US
Asking Price:
$3,650,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,580,251
Cash Flow:
$305,809

This listing is for a highly profitable furrier located in the Chicagoland area that is available to a qualified buyer. This business offers a buyer a yearly income of over $300,000 and they have been an established fixture in their marketplace for over 25 years. This well-established company specializes in the sale of luxury fur coats. They feature mink, fox, chinchilla, sable, rabbit, raccoon, cashmere and more in a wide variety of styles, colors and textures. The business also offers a wide variety of fur accessories and storage options as well as repair services. The storage options feature quality methods that offer proper temperature and humidity in a space-friendly size. These storage options and their repair services make up a large portion of their business and garner many repeat customers. This is a highly successful business in its field and they have a fantastic reputation in their marketplace with their high-end, affluent clientele. This is the premiere destination for furs across Illinois and the Midwest at large. In addition to their consistently strong revenues and cash flow, over $3,000,000 in asset value is to be transferred with the sale of this business. This includes their prime real estate and inventory. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone or online. Online inquiries will be replied to with an email from address with an NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from us within 24 hours (weekdays), please contact the agent by phone.

Property Information

Real Estate:

Real Property Included

Location:

Chicagoland Area. Cook County.

Premises Details:

Seller owns the real estate (showroom/workshop) and it is valued at $1,500,000. Included in the asking price. Office Space 1,000 sq ft. Retail & Storage 7,000 sq ft.

Size in square feet:
8,000

Business Operation

Expansion Potential:

Add trunk sales in other cities, expand marketing & marketing territory, add new services and products.

Reasons for selling:

Retirement

Employees:
14
Years established:
33

Other Information

Support & training:

Owner will train the buyer for 4 weeks

Furniture / Fixtures value:
$146,000 - included in the asking price
Inventory / Stock value:
$1,500,000 - included in the asking price

Contact The Marvin Group LLC

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