Refurbished Vintage Furniture Business
Brooklyn, NY
| Asking Price: | $2,899,999 |
| Gross Revenue: | $2,759,124 |
| Rent: | $16,666 |
| Established Year: | 2016 |
| Cash Flow: | $1,161,824 |
| Inventory: | $650,000 |
| FF&E: | $10,000 |
Listing ID: 2223342Listing provided by BizBuySell
BUSINESS DESCRIPTION
You can be the new owner of this very successful high-end vintage furniture dealer. This well-established business is dominant in the industry with very high profitability. Dominant in the industry, widely known, and in high demand on the East Coast. Sellers will stay on to train. Seller financing offered. For additional information please contact listing agents.
DETAILED INFORMATION
Location
Brooklyn, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,000
Lease Expiration
01/05/2029
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 8,000 square feet with a Total monthly rent of $16,666. Seller is active 2 independent contractors. Hours of operation are M-F Warehouse/Refurbishing; Sat-Sun 12-4PM open to the public. $650,000 in inventory not included in asking price and $10,000 in FF&E included in the asking price.
Financing
$2,320,000 down payment with balance paid over 24 months at 8%
Support & Training
6 weeks
Reason for Selling
Relocating after transition & seller training
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