Furniture & Appliances Store

Round Rock, TX
Asking Price:$185,000
Gross Revenue:$600,000
Rent:$7,000/Month
Established Year:2016
Cash Flow:$140,000
Inventory:$125,000
FF&E:$60,000
BUSINESS DESCRIPTION

Furniture, Appliances Warehouse.

Furniture & Appliances
Round Rock, TX 78664

Going into Retirement.

Profitable and Well Established. Turn key business, Established 2016 and on a very solid foundation because of the diversity of the brand and the inventory, Great Cash Flow.

Around $125,000 inventory included in the sale and $60,000 in Assets.

it's a great business and a great opportunity, We were approached by so many Business Broker that this business is way undervalued and it could sell easy for $500,000 or more, have a professional appraisal of $360,000 but we do not want to go that route and want to keep it as a private Sale,
I’ve been in business nine years and I love to keep going, but it’s time for me to step out, If you have the energy and the motivation you could reach $1 million in sales in the next year, I work full-time, plus my son part time who is about to graduate medical school and he will have no time for this Business.
Its a very easy operation one or two sales a day and you are at $2000 already in cash, There’s a nice office upfront, which could be used for additional space to generate extra revenue as a jewelry store or tools or any other options.
Seven years left on the lease of the building.
In order to obtain a full financial and P@L statement, Need to provide a proof of financial to complete the purchase and will send you an NDA agreement.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
01/06/2031
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Full store inventory, including Furniture, Appliances, Sports Equipments, outside storage Containers.
Competition
Prime Location.
Growth & Expansion
Huge Room for Expansion, Office to add jewelry store with the display cabinet already in place.
Support & Training
15 Days Training.
Reason for Selling
Retirement.

BUSINESS LOCATION
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Mark Hakim
Mark Hakim