Electronics & Furniture Store - Westheimer
Houston, TX
| Asking Price: | $495,000 |
| Gross Revenue: | $745,000 |
| Rent: | $6,180 |
| Established Year: | 2010 |
| Cash Flow: | $176,000 |
| Inventory: | $75,000 |
| FF&E: | $75,000 |
Listing ID: 2131756Listing 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 body & mechanical auto repair all of which which represents approximately 85% 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 15% 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 Westheimer.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,200
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Large show room and shop area.
Financing
$175,000 Cash Down, Seller Note $320,000 5 years @ 6% interest = $6,186.50 P/M
Support & Training
As needed
Reason for Selling
Pursue real estate investments
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