New Price - Profitable, Well Est. Furniture Liquidator

Business
  • Listing# : 17749
  • Listed Price : $2,000,000
  • Total Sales : $3,450,477
  • SIC : 5712
  • Down Payment : $200,000
  • Status : Active
  • Discretionary Earnings : $579,311

Business Type :

Furniture Retail / Furniture Liquidation, Furniture Retail / Furniture Used, Furniture Retail / Furn Retail Home/Bed, Furniture Retail / Furn Retail Dinettes, Furniture Retail / Furniture Store; Moving / Moving Storage Company; Business Services / Liquidation Services, Business Services / Specialty Services

Business Description :

Profitable and well established furniture liquidator company.  The current owner purchased the company in 2008 and has grown it from $156,000 to $3.5MM in revenue in 2023.  The business generates revenue through contracts with general contractors renovating hotel properties and through selling used furniture.  The furniture to be sold as used furniture is sourced from those hotels when hotel owners have their properties renovated.  The removed/used furniture is sold either wholesale to other hotels, motels, timeshares, condos or apartment complexes; or retail to the general public.  The company has become one of the largest sellers of used hotel furniture in the Southeast and East Coast.


Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $125,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $114,300
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $239,300
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Furniture Retail, Moving, Business Services
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