Category:
SA10861 - Retail
Location:
Northern California - Sacramento
Business Description:
75+ Year old furniture store in iconic building! This store has exclusive vendors & selected furniture that is only available at this location. Currently ran semi-absentee with key employees in place that are well trained. Profitable and Covid-proof. Owner wishes to retire and pass on to a new, energetic owner that can implement social media advertising to grow sales & income. A new long-term lease is available to qualified buyer.
Inventory (included):
$50,000
9 Months Ended
9/29/2023
$1,002,664
(Sales)
$273,561
(Adjusted Cash Flow)
12 Months Ended
12/31/2022
$1,125,777
(Sales)
$96,684
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$1,644,872
(Sales)
$247,597
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$1,212,498
(Sales)
$215,738
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 4 | 0 |
Owners | 0 | 1 |
Hours of Operation
Monday-Saturday 10am-6pm
Licenses Required:
Monthly Rent Including NNN:
$9,200
Expires:
New Lease
Option:
No
Size(sq.ft.):
12,000
Type of Organization:
Sole Prop
Reason for Sale:
Retirement
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.