Third Generation Furniture Store With Loyal Clientele For Sale

Listing Number: 76931-275569

Description

This furniture store sits on a busy corner of the greater Galleria Area of Houston.  A third generation (grandson) is running the business after grandfather could not any longer.  The shopping center is undergoing renovation so a new owner will get the benefit of new appearance.  A large two-story showroom with a private office for owner.  This business has been run by one person and owner/accountant who is keenly aware that the new owner would see substantial increase in volume with hiring sales persons and adding cash-and-carry inventory like mattresses.  He is happy to train for four weeks after sale and help implement these advancements to help improve new owner's success.  


The business caters to a Spanish speaking community so sales are heavy in cash.  Finance programs are in place for purchases also.  All employee drivers are 1099, and inventory goes out from the manufacturer so no heavy inventory to count.  A streamlined opportunity that is already profitable, and could be much more so with the right sales oriented owner at the helm.

Listing Details

• Price: $175,000
• Down Payment: --
• Sellers Discretionary Earnings: $85,107
• Total Sales: $511,557
• Location: Harris County, Texas


• Inventory: $35,000
• FF&E: $15,000
• Employees: 0
• Year Established: 1995
• Reason for Selling: Personal reasons
• Category: Furniture Retail,Retail