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Home and Office Furniture Retail Store

Salt Lake County, UT
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Asking Price:$329,000
Gross Revenue:$495,240
FF&E:$20,000
Cash Flow:$45,288
Inventory:$150,000
Established Year:1974
Listing ID: 2270509Listing provided by BizBuySell
BUSINESS DESCRIPTION

Furniture Business

Office and Home Furniture retail store, with an established presence in Utah. The Home Furnishing side of the business has been around for over 50 years in Utah and the Office Furniture store has been around for over 20 years. Both businesses have great name recognition and a loyal customer base for a new owner to capitalize on.

The current owner typically carries a large wholesale inventory, between $100,000 to $150,000, this represents an excess of inventory of between $50,000 and $100,000 for a company of similar of similar size.

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
13,000
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Large facility in a strip mall located in Salt Lake Valley, Utah.
Competition
The top competition is RC Willey, Ashley Home Stores, and John Parris Furniture. The company carries different brands of furniture and focuses on buying in volume for better prices than its competitors.
Growth & Expansion
The combined business presents a unique opportunity to be part of a fun business, that you can't lose if you are ready to run it correctly. The expansion possibilities are endless and could lead to an increase in sales over time. The ground work has been laid and these companies just need that new owner to capitalize and grow this business into the juggernaut it can be!
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Retirement.
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Bryan
Symkoviak
Murphy Business & Financial Corporation
Phone Number
Bryan Symkoviak
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