Exclusive Lamp & Lampshade Store/Includes Real Property For Sale

This Listing is Closed

Business
  • Listing# : 7613
  • Listed Price : $1,700,000
  • Total Sales : $722,412
  • SIC :
  • Down Payment : $700,000
  • Status : Closed
  • Discretionary Earnings : $207,195

Business Type :

New Franchises; Distribution; Retail Miscellaneous / Retail Housewares; Business Services

Business Description :

This retail location has been located in this upscale suburb of Portland for over 70 years. Current owner works 2-3 days a week and enjoys nice profits. Business includes prime business property and a large amount of inventory in addition to significant earnings. The customers for this retail establishment come from all over the US. The addition of a shopping portal online would explode this business. It is a destination location with long term employees who are excited to continue the journey with the new owner.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl : No
    • Real Estate $950,000
    • Incl : No
    • Inventory $350,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $100,000
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $0
    • Incl : No
    • Total Assets $450,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

New Franchises, Distribution, Retail Miscellaneous, Business Services