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Variety Home Store #0407


Variety Home Store #0407
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Asking Price: $895,000

Cash Flow: $123,543

Gross Revenue: $639,018


FF&E: $80,000

Inventory: $200,000*

Established: 0

*not included in asking price.

Variety Home Store #0407

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Business Description

This home variety store started in 1987 as a second location to a family business started in 1955 and has undergone much change and improvement since. It is operated out of a little less than a 16,500 sq. ft. building. The building itself is quite ideal, large in size and able to accommodate all storage and inventory needs. It was built to appeal to the eye of the customer as well as with the efficiency of the business in mind. Located in a great area, both commercial and residential; the business is located in an extremely high volume traffic area. Although the business flourishes on repeat customers and its strong reputation, passerby are also drawn to the business strictly based on location. With such a high demand for furniture, appliances and many other household needs, the business has been expanded over time to accommodate the wants and needs of the customers. The showroom is creatively laid out to display all furniture, appliances, decor and everything needed to transform your home. This is an outstanding opportunity with such a great reputation and family history. Keeping with the integrity of running a family business, there is great opportunity to maintain this as one, as it has operated as a “family run” business since it has started. You will enjoy the same success as the current owners have experienced for the past 20+ years. This business shows promise for growth as it could be ideal to expand in the direction of electrical, plumbing and remodeling. All of which are necessities and this business has a market area of a 30 mile radius. Assets are to include an average of $200,000 in inventory, $30,000 in equipment and vehicles as well as $50,000 in fixtures and furnishings. The building and property will be included in the asking price and is valued at $550,000. While inquiring, please ask for portfolio #407.

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Harold Anderson

Business Listed By:
Harold Anderson

Affiliated Business Consultants, Inc.

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