Home Furnishing/Appliance Business with Real Estate – 1 Hour North of Metro Area – Net $150K and SBA Financing

Wonderful opportunity for a future business owner, someone with an appliance or furniture store looking to expand, or anyone with a love for interior design. This business has been a staple in the upper-northern part of the Twin Cities metro area for over 60 years. A new owner can net over $150K annually with only $74K down. Real estate available for $269,000. (Building has new rubber roof in 2017) Full line of appliances and furniture. Room to expand with more home décor items if wanted. Business price of $399k includes $125k of inventory, delivery truck and service van, etc.
Sunbelt Listing ID: 52738


Listing ID:
52738
Industry:
Retail
Location:
Minnesota
Revenue:
$1,160,649
Business Price:
$399,000
Down Payment:
$73,400
SDE (Cash Flow):
$151,096
Real Estate for Sale:
Yes
Real Estate Price:
$269,000
Listing Agent:
Tim Davis
Inventory included in sale:
Yes
Inventory Value:
$125,000
Years in Business:
20+ years
Is this a franchise:
No
Employees (Full-Time):
3
Employees (Part-Time):
2
Reason for selling:
Retirement
SBA Financing Available:
Yes

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