Successful Furniture Store

, California 7 views 0 favorites

Financial Highlights
Asking Price
$1,100,000
Revenue
$1,343,874
Business Description

GBB Partners is proud to present for purchase a long-standing furniture store located in Visalia, CA. The business has served the furniture needs since 2008. Product lines include living room, bedroom, youth, dining and entertainment to name a few.The brands are some of the most popular in the US including Serta, Vaughan- Basset and Crown Mark. The business is located on a very busy thoroughfare in Visalia with traffic counts more than 30,000 daily. Exceptional branding and marketing have made the business a go to store many Visalians. The business has been operated by a longtime manager who is charge of all day-to-day activities. The owner has recently fallen ill and needs to sell the business. Any transaction will require the assignment of lease which has been verbally agreed to by landlord at the same terms – which are favorable. The manager would like to stay with the company. An ideal purchase structure would include some form of ownership for the manager. Owner is looking for a sale of the business and the inventory. Inventory is currently valued at $420,000.00. Location: Visalia, California Real Estate: Leased

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 6 hours ago

Views: 7

Favorites: 0