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Listing ID: 2800766

Established Retail Furniture Business For Sale

Halifax, Nova Scotia, Canada

CA$ 75,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: CA$ 399,004

Cash Flow: CA$ 3,088

Business Description

Reduced to sell - these owners are motivated! Any reasonable offer will be considered. For $75k you get a strong base of revenue ($300-400k), an established brand with a reputation for quality, historical customer lists and designs, a capable and experienced production team, inventory worth $50-60k at cost, and a fantastic location in a high traffic area. This is a great opportunity to acquire an established business with plenty of upside. The asking price is almost entirely supported by the value of the inventory, and represents a multiple of less than 1x annual gross profit. Real Estate available if desired.

Property Details

Years Established:

26

Property Type:

Real

FF&E:

CA$ 20,000

Inventory Value:

CA$ 80,000

Real Estate Value:

CA$ 800,000

Other Details

Business Location:

Visible business in a great location. Real Estate available, if desired. Opportunity to relocate.

Operation Details

Employees:

3 FT

Trading Hours:

Monday-Saturday 9am-5pm

Support & Training:

Will train for 2 weeks @ no cost. The business sells a variety of high quality custom furniture and established furniture lines.

Relocatable:

Business Relocatable

Miscellaneous

Reason For Selling:

Owner would like to pursue other business opportunities.

Contact this seller

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