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BUSINESS FOR SALE - PROFILE #  42520036

Excellent Consignment Furniture Store
Greater Charlotte Area

Asking Price: $100,000   Down Payment: $100,000  
Gross Revenue: $745,740   Adj. Cash Flow*: $57,623  
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Executive Summary
This locally run consignment furniture store has been in more than 10 years, and are considered to be market leaders in their industry. They have established a high level of customer service, and make sure that it is easy for cleints to shop and for consignors to sell their products. Their products consist of purchased furniture, consigned furniture, and consigned art and accessories. There is still growth opportunity in the market, especially with an increased focus on advertising.  To date, the owner has reached a point where they are ready to concentrate on their family and enjoy retirement. The company is well positioned to grow in its current markets and beyond. This is an excellent business opportunity for an individual/company looking to own and operate a well-managed business with real growth and financial opportunities in a fast-growing industry.

Acquisition Highlights

  • This locally run consignment furniture store has been in more than 10 years, and are considered to be market leaders in their industry. They have established a high level of customer service, and make sure that it is easy for cleints to shop and for consignors to sell their products. Their products consist of purchased furniture, consigned furniture, and consigned art and accessories. There is still growth opportunity in the market, especially with an increased focus on advertising. To date, the owner has reached a point where they are ready to concentrate on their family and enjoy retirement. The company is well positioned to grow in its current markets and beyond. This is an excellent business opportunity for an individual/company looking to own and operate a well-managed business with real growth and financial opportunities in a fast-growing industry.
  • 9:30 am- 6 pm Monday-Friday 9:00 am-6 pm Saturday
  • The business is located in a shopping center in the Greater Charlotte Market with a +10,000 square foot facility. This makes it the largest consignment store in their area, where they carry regionally and nationally known name brands of furniture and d├ęcor, and offer them at the best prices. They lease their facility, which is renewable in October, 2018. There is sufficient space for parking in front and rear of the building.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2008 Inventory:
Employees: 3 FT, 2 PT Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Adam Petricoff
Phone:  (704) 360-8898
Fax:  (704) 272-4477
E-mail:  apetricoff@vrcharlotte.com
VR Business Brokers - Charlotte, NC
9301 Monroe Rd.
Suite L
Charlotte, NC 28270
www.vrcharlotte.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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