Well Established Retail Furniture Store

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
ST10705 - Furniture & Appliances

Location:
Northern California - Central Valley

Well Established Retail Furniture Store

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.


Asking Price: $1,950,000


Inventory (included):
$500,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

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)

Operations

# of Employees Full Time Part Time
Non-Owners 16 1
Owners 0 1

Hours of Operation
10AM-6PM

Licenses Required:

  • Business
  • Matress

Lease

Monthly Rent Including NNN:
$40,000

Expires:
12/31/2025

Option:
For 5 years

Size(sq.ft.):
64,750

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:

Training:
4 weeks 10 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

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.