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Turn-key Furniture, Mattress And Appliance Store In Alaska For Sale

Alaska, US
Asking Price:
$775,000
Sales Revenue:
$1,100,000
Cash Flow:
$250K - $500K

Premium opportunity to purchase a turn-key appliance, mattress and furniture business that has been in business for over 35 years and has flourished the last 10 years under the current owners. The owners are husband and wife and have been operating the store themselves 7 hours a day 5 days per week with no need for sales staff, only employing a delivery crew, while grossing over $1 million a year. Someone could easily do the same for excellent income, or increase hours, hire a manager and sales staff for passive income. The owners have been highly successful in this business, taking home $300k or more per year personally, and are only selling because they are now able to retire at a young age. This business's potential is only limited by the new owner's vision, passion, skill, and work ethic! This business has very little competition, an existing customer base, excellent reputation and name recognition, an online presence, established sales, a prime location on the busiest street in town -- and excellent growth opportunities. The 8,000sq ft location is leased, however the business has been located in the same building for 35 years and has a long standing report with the owners of the building. The store owners are happy to provide a reasonable transition period after the sale of the business to assist the new owner in a smooth seamless transition.

Asking $775,000 plus inventory which averages $300k-$400k.

Financials only available to serious buyers with proof of funds and a signed NDA.

Upon sale of the furniture store the current owners will also be selling their beautiful home on one acre located only 15 minutes away from the store. They are open to a package deal for interest parties, as local real estate is limited and hard to acquire.

Property Information

Real Estate:

Lease

Location:

Prime location on the busiest street in town.

Business Operation

Trading hours:

Tuesday-Saturday 11:00am-6:00pm closed Sundays, Mondays and all major holidays

Employees:
4-5

Other Information

Support & training:

4 weeks of hands on training to assist in a smooth transition