Electronics & Furniture Store - Fondren Area
Houston, TX
| Asking Price: | $495,000 |
| Gross Revenue: | $915,000 |
| Rent: | $8,934 |
| Established Year: | 2020 |
| Cash Flow: | $323,000 |
| Inventory: | $183,000 |
| FF&E: | $76,000 |
Listing ID: 2131764Listing provided by BizBuySell
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
DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,653
Lease Expiration
30/05/2025
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Large show rom and shop areas.
Financing
Cash Down $175,000 and Seller Note $320,000 for 5 years at 6% interest = $6,186.50
Support & Training
As needed
Reason for Selling
Pursing real estate investments
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