East Texas General Retail Store, w/Real Estate Included
Location: Texas > Texas East
Industry: Home and Office Furniture > Home Furniture Retailing
Financials
Asking Price: $922,000
Gross Revenue: $2,115,204
Cash Flow: $110,284
Inventory: $300,000 (Included in Asking Price)
FF&E: $66,100 (Included in Asking Price)
Real Estate: $400,000 (Included in Asking Price)
Seller Financing: Seller will negotiate financing
Business Summary
General Retail Store located in East Texas sells furniture, appliances, lawn and garden equipment, electronics, tires, batteries and automotive parts. The company was founded in 1963 and occupies a well located 20,000 square feet, one-store, modern building on 1.16 acres. Company has been owned and operated by same family since its founding.
Its excellent reputation and community support have helped establish a strong and stable customer base. Asking price includes the real estate with an estimated value of $400K, and the inventory valued at $360K. Owners will sell or lease real estate. If real estate is leased, the rent will be $4,000 per month and leasee will pay insurance and taxes.
Its excellent reputation and community support have helped establish a strong and stable customer base. Asking price includes the real estate with an estimated value of $400K, and the inventory valued at $360K. Owners will sell or lease real estate. If real estate is leased, the rent will be $4,000 per month and leasee will pay insurance and taxes.
About the Business
Year Established: 1963
Employees: 6 full time - 6 part time
Facilities: 20,000 sq. ft. building; included in sale price
About the Sale
Management Training and Support: Seller will provide training
Reason For Selling: Pursue Other Interests
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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