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Business for Sale Summary

Furniture Retailer in Mecklenburg County, NC - 28840

Business Type: misc. retail/non-classifiable,home furniture/ furnishings
Furniture Retailer in Mecklenburg County, NC
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Financial Information (non-confidential)

General Information
Asking Price $249,000 Down Payment $249,000
Gross Revenues $368,812 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$249,000 Down and

Business Description

This is truly a one-of-a-kind store in North Carolina, carrying only top-of-the-line designer furniture, accent items and artwork. No other store has these pieces! All five-star reviews. Sales are continuously growing, and now exceed $30,000/monthly, with excellent profit margins- both retail and consignment. There is a 4,000 sq. ft. showroom, with an additional 1000 sq. ft. storage area. The building has frontage on a major interstate, with new signage. This is a very affluent city, with one of the highest growth rates in the country. NFL, NBA, excellent-climate, major banking area. Nothing but continued growth is ahead for this unique gallery. A new owner will benefit from established relationships with designers, real estate agencies doing staging, nationally-known artists and craftsmen. Also, the present owner, via his wholesale operation, will continue to offer the store unique sources of inventory. Trademark name and $10K website are included. The owner has relationships with several retail finance companies. He is selling only due to relocation and other business interest. Seller will provide one month free training. This is a rare opportunity for anyone desiring a truly upscale store. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.