Very profitable turn-key furniture, mattress and appliance store
Asking Price: | $775,000 |
Gross Revenue: | $1,100,000 |
Established Year: | 1988 |
Cash Flow: | $300,000 |
Inventory: | $350,000 |
Fantastic easy income in one of the most beautiful locations in Alaska
Premium opportunity to purchase our turn-key appliance, mattress and furniture business that has been in business for over 35 years and has flourished the last 10 years under our husband and wife team. We have been operating the store our selves 7 hours a day 5 days per week with no need for sales staff, only employing a delivery crew, while grossing over $1 million a year. Someone could easily do the same for excellent income, or increase hours, hire a manager and sales staff for passive income. We have been highly successful in this business, taking home $300k or more per year, and are only selling because we are able to retire at a young age. This business's potential is only limited by the new owner's vision, passion, skill, and work ethic! Our business has very little competition, an existing customer base, excellent reputation and name recognition, an online presence, established sales, a prime location on the busiest street in town -- and excellent growth opportunities. We are well established with big name brands such as Serta mattresses, Whirlpool, Maytag, Best Furniture, Ashley, Coaster and more. The 8,000sq ft location is leased, however the business has been located in the same building for 35 years and has a long standing report with the owners of the building. We are happy to provide a reasonable transition period after the sale of the business to assist the new owner in a smooth seamless transition.
Asking $775,000 plus inventory which averages $300k-$400k.
Financials only available to serious buyers with proof of funds and a signed NDA.
Upon sale of the furniture store we will also be selling our beautiful home on one acre located only 15 minutes away from the store. We are open to a package deal for interested parties, as local real estate is limited and hard to acquire.