Description of the business for sale
The Company is a high end furniture retail business that sells merchandise. The Company sells mostly bedroom sets but accent pieces are also available. This furniture store also carries hand-painted oil painting, lamps and living room and dining room sets. The building is in excellent condition and consists 7000 square feet. The building was recently renovated and the work was completed in February of 2007. The ground floor of the building is a spacious 4500 sq ft., while the upstairs level provides an additional 2500 sq ft. of display area. The real estate and assets may be purchased seperately or together.
Support / Training provided by seller
Financing: Owner is willing to finance 20% for a term of 5 years at 8% interest.
Support/Training: Owner will train for a period of 4 weeks at no cost.
Reason Selling: Family illness
Description of the facilities
The building is in excellent condition and consists 7000 square feet. The building was recently renovated and the work was completed in February of 2007. The ground floor of the building is a spacious 4500 sq ft., while the upstairs level provides an additional 2500 sq ft. of display area. There is plenty of parking solely for the business.
Included in the Asking Price: Furniture, Fixtures & Equipment -- $29,000 and Inventory -- $250,000.
...NOT Included in the Asking Price: Real Estate -- 1,200,000