Category:
ST10705 - Furniture & Appliances
Location:
Northern California - Central Valley
Business Description:
This well-established furniture store has a loyal repeat customer base and has been recognized as a community favorite for decades. The last person remaining in this multi-generation family-owned business is now ready to retire. A well-trained staff and general manager have been running the business for several years and will remain with the business. Seller owns the real property and will continue to lease to the new owner at very attractive rates.
Inventory (included):
$500,000
12 Months Ending
12/31/2021
$5,055,747
(Sales)
$559,224
(Adjusted Cash Flow)
12 Months Ending
12/31/2020
$3,776,214
(Sales)
$529,153
(Adjusted Cash Flow)
12 Months Ending
12/31/2019
$3,922,516
(Sales)
$224,989
(Adjusted Cash Flow)
12 Months Ending
12/31/2018
$4,739,194
(Sales)
$542,081
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 16 | 1 |
Owners | 0 | 1 |
Hours of Operation
10AM-6PM
Licenses Required:
Monthly Rent Including NNN:
$40,000
Expires:
12/31/2025
Option:
For 5 years
Size(sq.ft.):
64,750
Type of Organization:
S Corp
Reason for Sale:
Training:
4 weeks 10 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.