Furniture and Home Accessories Business

Lexington, KY
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Asking Price:$300,000
Gross Revenue:$1,127,000
Established Year:1991
Cash Flow:$133,000
Inventory:$300,000
BUSINESS DESCRIPTION

An established and profitable furniture and home accessories business is for sale in central Kentucky . This family owned business has a well recognized and established brand name. The business carries a wide variety of unique and hard to find items in their 15,000 sq ft retail store .
- Traditional, modern and contemporary furniture
- New and used inventory
- Attractive prices
The business was established over 30 yeats ago . Over time the owners developed a business model and supplier relationships that will enable a new owner to prosper and adapt to varying economic conditions making it a solid recession resistant business . Their business model also facilitates desirable turnover of inventory. They also have a substantial database of past customers . The owners would appropriately assist new owners in transition assistance including business model knowledge transfer . The listing price does not include inventory which would be an additional $275,000 to $325,000 cost of the transaction . .


DETAILED INFORMATION
Location
Lexington, KY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
15,000
Facilities
Attractive and versatile 15,000 sq ft space with ample parking on a well traveled street .
Competition
This business is small and nimble and has a business model that facilitates quick adaption to market and economic changes .
Growth & Expansion
Potential for additional store growth .
Support & Training
Reasonable transition assistance
Reason for Selling
Retirement
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Mark
Sievers
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Mark Sievers