Established Appliance Furniture And Mattress Retailer
HS Listing ID-72750 $499,000 Asking Price + Inventory Approximately $1.8M 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
Employees
2
Real Estate
Lease
Leasehold Rent
$86,400 per annum
Years Established
24
Support & Training
Yes.
Size In Square Feet
2,000
Reason for Selling
Other business interests.
Financials
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