Profitable Furniture Retail Business in Elyria

Featured on BusinessForSale.com . 40 viewed

Asking Price

$175,000

FOR SALE - ACTIVE

Detailed Information

Location

Lorain County, Ohio, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

For sale: A profitable furniture retail business in Elyria, Ohio, priced at $175,000 plus inventory. With an average monthly sales of $70,000 - $75,000 and high margins, this business has potential for further growth under the right management. Included in the sale is a 26 FT box truck for deliveries, adding to the profit potential through delivery fees. Located in a high-traffic area surrounded by businesses, apartments, and rooftops, the business benefits from a loyal customer base and repeat business. The business, in operation since 2014, offers a delivery service via a 26FT box truck acquired in 2020. The motivated seller is willing to provide training to qualified buyers and can assist with financing for the right down payment. Additionally, the business is E2 Visa Qualified, presenting a great opportunity for an owner-operator or a family looking to enter the furniture retail sector. Interested parties are encouraged to contact The Saleh Group - RE/MAX

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