Manufacturer / Retailer Home Furnishings
Location:
United States
->
Illinois
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Peoria
Industry: Manufacturing > Furniture Manufacturing
Business Summary
EXTRAORDINARY OPPORTUNITY…The franchisor has just announced that they are willing to allow the buyer of this business to absorb an established adjacent $1MM market for a fraction of the normal cost. This opportunity to combine adjacent markets and leverage the manufacturing facility would save $160K and DOUBLE the income potential! This national franchise makes and sells a premium product that is important for good health that has become increasingly important to aging baby-boomers. A product that everyone wants, needs and buys! If you want to own your own business, preferring to purchase something established with a strong foundation, that represents a well-know national brand, would prefer manufacturing, but also recognize the value of control over retail sales, would like a proven ''systemized'' operation that allows you to delegate day-to-day operations in favor of marketing and strategic planning, want to raise your family outside the hustle and bustle of the Chicago suburbs, but be close enough to the city to enjoy the shopping, sightseeing and culture and want to be in business for yourself, but not by yourself...then you've finally found the right listing!
Facilities are located in a standalone building. The 6,700 ft facility consisting of showroom, offices, production area and warehousing. The showroom is trimmed to the latest franchisor specification and customers are serviced with the latest POS software. Located across from a very popular enclosed mall, it has windowed frontage and prominent signage.
This business participates in a $8 billion industry which has experienced a record-breaking growth and poised to continue this trend. All the advantages of strong branding...including one of the highest rates of repeat and referral business in the nation. Repeatedly voted the top brand in established markets throughout the country.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$760,000
Cash Flow:
$88,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: Inventory:$40000 (not included). FFE: $65000 (included).
Seller Financing: Yes
About The Business
Year Established: 1991
Number of Employees: 4 - 5
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Initial training by the franchisor will take place in a local Midwestern retail operation, followed by up to 3wks of on-site training by the seller. Additionally, the franchisor provides ongoing market training, professional sales training and employee training takes place in regional sales meetings and on-line systems.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Manufacturing > Furniture Manufacturing business for sale.
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Print Listing Id: 700110065
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