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Teak Furniture Import Store - Wholesale
Location: United States -> Oregon -> Bandon
Industry: Retail > Home and Garden Retail




Business Summary

Direct Import - Wholesale to the public - Furniture store - Oregon Coast. Opportunity to own a 66% to 69% gross profit margin direct importer of high quality, wholesale- price-to-the-public, teak furniture store located directly on HWY 101.
Sold at discount prices: 25%-40% less than other stores with similar furniture. Furniture and Decor imported directly from indonesia by the container, minimizing cost. Many of these manufacturers do not sell elsewhere in the US, given this store often unique and exclusive high quanta furniture.

In Business for 11 years. Internet Shop values at $ 70,000.
Huge potential to make this grow. Business plan with many ideas in place.

Business can be duplicated in neighboring cities like Eugene or Medford. Additional Sales through Ebay, Houzz, Craigslist and our own internet shop which can easily be increased.

Options:
1. Buying of complete business: Asking Price $ 100,000 without inventory plus $ 70.000 for established internet shop. A long term rental agreement for the lease of the facilities.

1. Business Partner: You are responsible for managing the existing showroom in Bandon as well as the marketing activities in the US, while the owner is responsible for importing the goods, controlling, internet store and internet marketing. Little investment needed, share of profit 50/ 50 with possibility of taking over the business in three years.

2. Solely opening a showroom in another city. You are responsible for all costs such as rent and salaries in the showroom. The inventory is located in our warehouse in Bandon and you benefit from the sales in your store only.

Reason for Sale

Showroom 2,700 sq ft plus office
Pavillion 400 sq ft plus 400sq ft porch all new to display outdoor furniture
Additional storage for inventory. Approx $ 80,000 at the moment.

Gross Sales $ 115,000 last year with a profit of $ 70,000
Asking Price $ 200,000 plus inventory at time of sale


Financials

Asking Price Range:  < $250K
Gross Revenues:   $115,000
Cash Flow:   $70,000
Cash Flow Type:  EBITDA
Inventory:  not included
Seller Financing:  Yes

About The Business

Year Established:  1995
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  yes
Reason For Selling:  I live Overseas and don't have the time to manage business

Photos

View Larger Photo(s) Of Business
Teak Furniture Import Store - Wholesale Photo 1 Teak Furniture Import Store - Wholesale Photo 2 Teak Furniture Import Store - Wholesale Photo 3




Print Listing Id: 700254378
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Also See: Franchise Opportunities > Franchise Resales > Oregon Businesses For Sale > Oregon Franchises For Sale > Oregon Business Brokers



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