Furniture and Appliance Retailer

Undisclosed Address, Evansville, IN 47715
Business Opportunity for Sale
Catylist Listing ID: 30680406
Property Subtypes: Home and Office Furniture
Building Size (RSF): See Agent
Sale Price: $2,000,000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Relocatable Business: Yes
Last Updated: 3/19/2021

Overview / Comments

Established and profitable retail business that sells furniture plus new and refurbished appliances. The owner is the primary manager and will be retiring but will stay on in an advisory role during the transition to the new owner. Real estate is leased from a related company and can be leased or purchased with the business.

Sale includes all showroom inventory, parts inventory, delivery trucks, trailers, and tools.

Financials are available with a signed Confidentiality Agreement and verification of Buyer's ability to close.

Additional Details

Industry Segment: Home Furniture Retailing
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: One main showroom location. Warehouse and repair shop located in separate building nearby.
Employee/Labor Description: 14 +/- employees all managed by the owner. Owner working in the business 5-6 days a week.
Mgmt/Training Support Description: The seller is willing to provide training and consulting after the sale.

Contact

Photograph of Listing Agent

Scott Edmond CCIM

SVN | The Martin Group ICREX Member
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