50-Year Furniture Store Family Owned
Business Description
The furniture store has been a single-family owned business since 1975. The seller wants to retire and turn the opportunity over to a buyer who will continue to grow the business on the wonderful foundation the family has created and maintained. The building is also available as part of the business sale and is listed at $5,190,000. Excellent location which has consistent performance over most of the past 50 years. Excellent staff in place for the new owner to keep the momentum heading in the right direction. Seller is minimally engaged in the business, but spends most of the time managing inventory. Owner would stay on to ensure a smooth transition. In 2022, the SDE was $670,000. The recession has had an impact on the gross sales, but fourth quarter in 2024 has set all-time record sales weeks, so it is an excellent time to purchase this business.
About the Business
- Years in Operation
- 50
- Employees
- 10
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 28,512
About the Sale
- Seller Motivation
- Owner Retirement
- Transition Support
- Number of Weeks Seller Will Offer Training: 2
Listing Info
- ID
- 2311603
- Listing Views
- 1518
Listing ID: 2311603 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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