Established Appliance-Furniture & Mattress Retailer $220K Cash Flow - Business for Sale
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Appliance, Furniture, and Mattress Retailer in Queens, NY
Queens, NY, US
Added today
Appliance, Furniture & Mattress Retail
Absentee / Semi-Absentee
Retail store in Queens, NY selling new appliances, furniture, and mattresses with approximately 24 years of operation and a semi-absentee owner.
Key Information
Asking
$499K
Revenue
$1.8M
Earnings
$220K
Multiple
2.3x
Key Highlights
- Annual vendor rebates are approximately $80,000
- Business has been operating for approximately 24 years
- Semi-absentee operation with owner working about 20 hours per week
- Business employs 2 people
- Retail space is approximately 2,000 square feet plus basement
- Monthly rent is $7,200
- Located in Queens, NY with an established customer base
- Sells brand-new appliances, furniture, mattresses, and home furnishings
- Significant portion of sales are phone-based
- Business has an existing website
- Currently closed on Sundays and operates with limited hours
Contact Info
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