Independent Furniture Retail in Southeast South Dakota

Business
  • Listing# : 17200
  • Listed Price : $530,000
  • Total Sales : $1,005,970
  • SIC : 5023
  • Down Payment : $53,000
  • Status : Active
  • Discretionary Earnings : $134,635

Business Type :

Furniture Retail / Furn Retail Home/Bed; Flooring; Appliances / Appliance Sales

Business Description :

This furniture store has been a staple in the community for decades. There are both long-time, loyal customers and new younger customers that appreciate the new, more modern look of the store. The store maintains a full stock of inventory with mostly current styles and models. The store retails furniture, appliances, and flooring.

The business currently offers design and consultation services for bedroom, living room, dining room and office areas. The store also offers delivery and installation.

Current owners are not able to dedicate the time this business needs. They are pulled by another, non-related business. An owner giving closer to 40 hour weeks--certainly no more!--will be able to grow the business through simple attention.

Assets/Liabilities:

    • Accounts Receivable $40,368
    • Incl : No
    • Real Estate $800,000
    • Incl : Available
    • Inventory $236,579
    • Incl : Yes
    • Liabilities $360
    • Incl : No
    • FF&E $68,500
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $305,079
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Furniture Retail, Flooring, Appliances
No similar items available currently.