Flexsteel Furniture Store
Not Disclosed, MI Oakland County
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- RE: Flexsteel Furniture Store
- Contact: Armen Nazarian
Quick Facts
| Asking Price: | $575,000 | |
| Annual Revenue: | $1,065,357 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $238,825 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1995 | |
| Employees: | 5 | |
| BBN Listing #: | 981762 | |
| Broker Reference #: | 0669 |
Business Overview:
This is a great opportunity to own a well-established, well-known Flexsteel Furniture Gallery & Interior Design Studio in Oakland County.Established in 1995, this 6,000 sq. ft. facility specializes in Upholstery, Case-goods, Rugs, Home Accessories, Interior/Exterior Lighting along with Interior Design & Renovation Services.Known for their exceptional work in creating beautiful and functional spaces with a focus on quality and attention to detail that can cover one room to an entire house.Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with offering additional retail and services, joining the Chamber of Commerce and opening satellite locations, you have HUGE potential to the already solid gross sales and cashflow.Seller willing to stay on board through the transitional period.A must see/must have business that will not disappoint or last long.Turnkey operation only needing a new owner/operator. Seller financing is available along with training. Call Armen Nazarian Business Brokers
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Property Features and Assets:
Established in 1995, this 6,000 sq. ft. facility specializes in Upholstery, Case-goods, Rugs, Home Accessories, Interior/Exterior Lighting along with Interior Design & Renovation Services.Known for their exceptional work in creating beautiful and functional spaces with a focus on quality and attention to detail that can cover one room to an entire house.
Market Competition and Expansion:
Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with offering additional retail and services, joining the Chamber of Commerce and opening satellite locations, you have HUGE potential to the already solid gross sales and cashflow.Seller willing to stay on board through the transitional period.
Reason for Selling:
Semi RetireAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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