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Furniture Store With Real Estate For Sale - Toledo, Ohio, OH - Lucas County |
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| PROFILE: 10,500 Sq. Ft. Retail Furniture Store In A Major City, W/Real Estate Included. |
| Status: |
Available |
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| State: |
Ohio |
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| Location: |
Toledo |
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| County: |
Lucas |
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| City: |
Toledo |
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| Primary Category: |
Retail Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
128432 |
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| Seller Or Contact: |
Michael Greengard |
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| Primary Phone: |
616-285-8121 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
10/13/08 |
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| Date Ad Last Revised: |
11/19/08 |
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| Asking Price: |
$895,000 |
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| Down Payment: |
$795,000 |
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| Annual Revenue: |
$1,000,000 |
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| Annual Adjusted Net: |
$150,000 |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
Yes |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: The Owner Of This 10,500 Sq. Ft. Retail Furniture Store In A Major City In Northwest Ohio Is Selling Both The Business And The Real Estate So He Can Relocate Out Of State To Help Manage A Family Business.
This Attractive Business Opportunity Is Located In A Totally Remodeled Building On A Busy Thoroughfare. 2008 Revenues Are Pushing $1.0 Million With A Positive Cash Flow Of Just Under $150,000. The Business Turns Its $60,000 Inventory Nearly 10 Times Which Reflects The Attraction Of The Major Furniture Lines Handled By The Store.
The Business And Real Estate Combined Are Listed For $895,000 Which Does Not Include The $60,000 Of Inventory. The Seller Values The Real Estate Alone At $700,000. The Seller Will Augment Buyer Cash, A Business Loan, And Building Mortgage With As Much As A $100,000 Seller Note.
The Business Has Attractive, Knowledgeable, And Experienced Sales People Who Enjoy Working With The Broad Customer Base Served By The Store. Experienced Delivery And Set-Up Personnel Drive A Company Truck Which Is Also Included In The Listing Price. |
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