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San Diego

  • Listing No.: 106-15603

  • 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
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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 8/2021
Rent Deposit $12,947 Lease Options 1, 5 Year Option
Inventory $287,356 Leasehold Improvements
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.

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