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    • Home Furnishings Store with 200K Cash Flow

      Home Furnishings Store with 200K Cash Flow

      Business Type

      Retail - Home Furniture and Furnishings

      Area
      County Douglas State Nebraska
      Property Status Business Space for Lease Asking Price $590,000.00
      Down Payment $59,000.00 Total Debt
      Gross Sales $915,438.00 Total Income
      Total Expenses Terms
      Listing Flyer
      Summary
      Located just off a busy metro Omaha intersection, this home furnishings store grosses $915,000 and has potential for passive ownership. Since 2014, the seller has seen a 17% increase in cash flow and a profit margin of 23%. Currently, the seller works in the store overseeing day-to-day operations, but has expressed that one of the salesmen would be ideal to take over a managerial position. For a passive owner, this would be the best route to lower involvement in the store.

      Housed in an 8,000-sq. ft. standalone building, the surrounding neighborhoods are part of a growing area in the Omaha metro. Including a showroom, the building houses $50,000 in inventory that is marked up between 50% and 75%. In addition to the inventory, included in the purchase is $28,500 in assets comprised of a forklift, dolly and a trailer for large deliveries.

      Employees include 2 part-time Salesmen that are paid on commission only, 1 part-time Marketing Manager, and several 1099-contracted deliverymen. The deliverymen are also in charge of installation and maintenance of products.

      A 10% down payment of $59,000 would return $119,410 after debts during the first year. This represents a 202% return on investment.

       
      Print Listing
  • Lease / Asset Information
    • Rent $6,600.00 Rent Deposits
      Lease Ends
      Accounts Receivable Square Feet 8000
      Inventory $50,000.00 Inventory Included Yes
      Furniture, Fixtures, and Equipment (FF&E) $28,500.00 FF&E Included Yes
      Other Assets Assets Included No
  • General Business Info
    • Other Information
      Employees Part Time Employees 3
      Hours Open Days Open Mon - Sat
      Year Established
      Training 90 days
      Selling Reason Retirement and elderly father
      Property Features
  • Images
    •  
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About the Broker....

The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
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Contact Name Cortney Sells
Phone # 402.998.5288
 

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