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Listed by:

Transworld Business Brokers of North Florida

Unique Furniture Home Accessories Multi Location Store For Sale

Ormond Beach, Florida, US
Asking Price:
$4,700,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,653,547
Cash Flow:
$665,675

Don’t miss your opportunity to own this Growing & unique furniture business specializing in premium & custom hardwood teak & tiger wood indoor & outdoor furniture with 4 locations and incredible real estate & locations established for nearly 20 years. With amazing one-of-a-kind furniture hand-selected from around the globe, this multi-location furniture and accessory group of stores offers unique coastal contemporary items that can’t be found anywhere else. Generating sales of $2.7M with a net of $650,000. Great staff in place, exclusive arrangements with manufactures throughout the world, $400K of inventory included, Real Estate valued at almost $2M included, great books & records, SBA pre-approved and double-digit growth so far in 2021 make this an incredible opportunity. January 2021 sales are up 45% over the same in 2020 with no sign of slowing down. Please refer to listing and advisor John Geiwitz when inquiring on this listing

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 22971 Square Footage: 21,209 Building Type: Stand Alone
Terms & Options: Yes Expiration Date: 12/31/2031

Size in square feet:
21,209

Business Operation

Reasons for selling:

Semi Retirement

Trading hours:

9:30 to 5pm M-F. 9am to 5pm Sat. Noon to 5pm Sun - Varies

Employees:
15
Years established:
18

Other Information

Support & training:

Seller will train for 8 weeks at no cost

Financing available:

Loan/Other - Amt: 4,015,500 Mos: 300 Rate: 5.50 Mo Pmt: 24,658.68

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$400,000 - included in the asking price

Contact Transworld Business Brokers of North Florida

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