San Diego
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Listing No.: 106-15603
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Category: Retail
| Asking Price | $499,000 |
| Down Payment | |
| Gross Revenue | $2,304,626 |
| Total Adjusted Net Income | $256,470 |
| Equipment / Fixtures | $30,000 |
| Year Established | 2006 |
| General Location | San Diego |
Mitch McGinley
- Office: (858) 578-4111
- Cell: (404) 272-9108
- businessforsaleinsandiego.com/
- License #: CA DRE 02092636
- Office: (858) 578-4111
- Cell: (404) 272-9108
- businessforsaleinsandiego.com/
- License #: CA DRE 02092636
Profitable furniture retailer available for acquisition. Business sells mostly new and some used furniture. Products are purchased in store as well as online on the company's website. Corporate customers order in large quantities and the company assists in design planning. Centrally located in San Diego, the facility is 13,432 sqf. Seller is active in the business and manages the operation with a full time staff of 8. Inventory is included in the sale and Seller will provide 1 month of training to new owner. Call Agent Mitch McGinley at 404-272-9108 for an NDA and more information.
| Gross Revenue | $2,304,626 | Listed Price | $499,000 |
| Total Income | $256,470 | Down Payment |
| Base Rent | $12,510 | Square Feet | 13432 |
| Total Rent | $15,000 | Lease Expiration | 08/2021 |
| Rent Deposit | $12,947 | Lease Options | 1, 5 Year Option |
| Inventory | $287,356 | Leasehold Improvements | $0 |
| Equipment / Fixtures | $30,000 | Other Assets |
| Full-Time Employees | 8 | Training Period | 1 Month |
| Part-Time Employees | Special License Required | ||
| Contract Staff | Reason for Selling | New Ventures |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.