Established Appliance Furniture & Mattress Retailer $220K Cash Flow
Business Description
HS Listing ID-72750
$499,000 Asking Price + Inventory
Approximately $1.9M Annual Revenue
Approximately $220,000 Annual Cash Flow
Approximately $80,000 in Annual Vendor Rebates
Approximately 24 years in business
Semi-absentee operation
Owner works approximately 20 hours per week
Only 2 employees
Approximately 2,000 SF retail space + basement
$7,200/month rent
Established Queens customer base
Brand-new merchandise only
Refrigerators, ranges, stoves, microwaves, washers and dryers
Living room and bedroom furniture
Mattresses and other home furnishings
Established vendor and distributor relationships
Significant phone-based sales
Existing website
Limited current operating hours
Closed Sundays, creating an immediate potential growth opportunity
Strong potential through expanded hours, Sunday operations, digital advertising, e-commerce, Google Shopping, social media, retargeting, CRM, and improved online lead generation
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
$499,000 Asking Price + Inventory
Approximately $1.9M Annual Revenue
Approximately $220,000 Annual Cash Flow
Approximately $80,000 in Annual Vendor Rebates
Approximately 24 years in business
Semi-absentee operation
Owner works approximately 20 hours per week
Only 2 employees
Approximately 2,000 SF retail space + basement
$7,200/month rent
Established Queens customer base
Brand-new merchandise only
Refrigerators, ranges, stoves, microwaves, washers and dryers
Living room and bedroom furniture
Mattresses and other home furnishings
Established vendor and distributor relationships
Significant phone-based sales
Existing website
Limited current operating hours
Closed Sundays, creating an immediate potential growth opportunity
Strong potential through expanded hours, Sunday operations, digital advertising, e-commerce, Google Shopping, social media, retargeting, CRM, and improved online lead generation
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $7,200 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2546247
- Listing Views
Listing ID: 2546247 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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