Furniture Store
Location:
United States
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Louisiana
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Houma / Thibodaux
Industry: Retail > Home and Garden Retail
Business Summary
Very nice, very popular 20+ year old furniture store has a large base of loyal repeat customers. Annual sales at the store range from $1 million to $1.5 million. Store has a large inventory of some of the best and most popular furniture brands.
Store is located on a very heavy traffic highway in a nice size suburb community. The community is just a short drive to Houma / Thibodaux, Louisiana and less than an hour to New Orleans, La. Community is a nice place to live and raise a family with good public schools and lots of affordable housing. The area is considered a sportsman's paradise with abundant hunting, fishing, and boating opportunities.
Sale includes all real estate consisting of approximately 2 acres of land, an approximately 25,000 sq ft commercial building, and an approximately 2400 sq ft storage building. There is also a manager's / owner's home on the property. The home is about 3800 sq ft with 3 bedrooms, 2 baths, and a double garage.
Seller is ready to retire after a long, prosperous career. Seller is open to offers and will consider financing for a qualified buyer with a reasonable down payment. Seller will seriously consider and promptly respond to all reasonable offers. Come see, make offer. Contact for more information on this Furniture Store for sale.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$1,500,000
Cash Flow:
$150,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $360,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1987
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Available.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Retail > Home and Garden Retail business for sale.
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Print Listing Id: 70075167
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