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MANUFACTURER/RETAILER-HOME FURNISHING ACCESSORIES

Seller: Attn: Doug Walker
Location: Peoria County, IL, USA
Listing Number: "72809"


Asking Price: $350,000 USD USA Dollars
Industry: Retail: Home Furniture & Furnishings
Reason for Selling: Retirement
Year Established: 1991
Number of Employees: 4
Yearly Revenue: $760,000
Yearly Cash Flow: $88,000
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

EXTRAORDINARY OPPORTUNITY…The franchisor has just announced that they are willing to allow the buyer of this business to absorb an established adjacent $1MM market for a fraction of the normal cost. This opportunity to combine adjacent markets and leverage the manufacturing facility would save $160K and DOUBLE the income potential! This national franchise makes and sells a premium product that is important for good health that has become increasingly important to aging baby-boomers. A product that everyone wants, needs and buys! If you want to own your own business, preferring to purchase something established with a strong foundation, that represents a well-know national brand, would prefer manufacturing, but also recognize the value of control over retail sales, would like a proven "systemized" operation that allows you to delegate day-to-day operations in favor of marketing and strategic planning, want to raise your family outside the hustle and bustle of the Chicago suburbs, but be close enough to the city to enjoy the shopping, sightseeing and culture and want to be in business for yourself, but not by yourself...then you've finally found the right listing!


Property Features and Assets:

Facilities are located in a standalone building. The 6,700 sq. ft. facility consisting of showroom, offices, production area and warehousing. The showroom is trimmed to the latest franchisor specification and customers are serviced with the latest POS software. Located across from a very popular enclosed mall, it has windowed frontage and prominent signage. This is a comfortable and hard to miss location!


Market Competition and Expansion:

This business participates in a $8 billion industry which has experienced a record-breaking growth and is poised to continue this trend. It has all the advantages of strong branding...including one of the highest rates of repeat and referral business in the nation. It is repeatedly voted the top brand in established markets throughout the country. When a business owner nears retirement, he often lacks the energy to fully engage in strategic marketing...and often focuses on cost cutting, rather than growth. The store-front can/should be run by trained employees who handle the day to day sales. This frees the owner to focus on marketing, including multi-store ownership and planned strategic growth.


Additional Details:


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