Electronics & Furniture - Stafford Area

Stafford, TX

Seller Financing Available

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Asking Price:$326,000
Gross Revenue:$432,984
Rent:$5,000
Established Year:2020
Cash Flow:$149,197
Inventory:$33,000
FF&E:$56,000
BUSINESS DESCRIPTION

Well established retail store specializing in the sale and installation of auto & truck electronic equipment including stereos, speakers & amplifiers. They also sell auto & truck wheels & tires, and do window tenting and auto repair all of which represents approximately 60% of the total business. Home furniture, beds, and mattresses under band names such as Coaster Furniture, Furniture of America, Crown Mark Furniture, and Home Elegance which accounts for approximately 40% of total sales. The facilities include a large show room and installation shop area. The store is located in a busy shopping center with frontage on Fondren.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Stafford, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,200
Lease Expiration
25/02/2025
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Large showroom and shop area.
Financing
Cash Down $115,000 and Seller Note for $211,000 for 5 years @ 6% = $4,079.22 P/M.
Support & Training
As needed.
Reason for Selling
Pursuing real estate investments
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Jeffrey
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Jeffrey Jones