New lower price for specialized furniture store with great potential

Germantown, TN
Furniture store image
Asking Price:$250,000
Gross Revenue:$600,000
Rent:$3,500/Month
Established Year:2015
Cash Flow:$125,000
Inventory:$35,000
FF&E:$3,000
BUSINESS DESCRIPTION

Specialized furniture store in East area in business for over 9 years. Seller wants to retire and will train and assist buyer after sale. This retail store offers a wide variety of furniture offerings including bedroom sets, dining room ensembles, home entertainment, home office and accent pieces. It has the absolute highest quality, often handmade beautiful furniture available for purchase. Many repeat customers share stories of the craftmanship of the finished products that are all made in the USA. Call Tom Gattas for more information.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
31/12/2025
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Well designed showroom with inventory on hand. The store is immaculate and ready for expansion. located in a very active shopping center in the East area or Shelby County, TN. Current favorable lease in place
Competition
The very unique offering of specialized furniture with impeccable quality standards separate's this store from other typical furniture stores. All products are made in the U.S.A. Very little competition in the east Shelby County market area. There is room to grow this to a new level of sales performance. All business records, customer list and website are included in the sale.
Growth & Expansion
Excellent opportunity for growth in this unique market segment. The location is perfect for growth and expansion.
Support & Training
Owner will offer several weeks training for buyer and also offer time to travel for buying trips to suppliers factories in different areas of the U.S.
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Tom
Gattas
logo-img
Tom Gattas