Sold – Listing Number: 31255 – Home Furniture & Furnishings Stores
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| Business Info |
| Listing Number: 31255
Type of Business: Home Furniture & Furnishings Stores
Region: Southwest
State: OK
Description Summary: Specialty Retail Catering to OKC Home Owners
Description: This is a third generation family owned and operated Specialty Retailing business, catering to affluent home owners. It is located in the center of the highest Buying Power Indices (BPI) of the OKC Metropolitan Statistical Area and caters to customers within a 30-mile radius. Its excellent reputation lures some customers from the Tulsa area where there is no comparable store. Sixty percent of its business is derived from repeat customers and referrals. The company’s database has over 6000 addresses where it has installed its products. The company does some limited advertising in newspapers, and prestigious area and country club magazines. The business has two attractive display rooms, and customers are primarily walk in or call in. It carries the industry leading brand names, and many of the sales require custom fitting and/or installation in the customers residence |
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Furniture, Fixtures
& Equipment |
$20,000 |
Asking Price |
$125,000 |
Vehicles and/or rolling
stock: |
$5,000 |
Down Payment: |
$25,000
Subject toSBA Approval |
| Inventory |
$15,000 |
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Accounts Receivable (if
included) |
$0 |
Annual Sales Volume |
$290,990 |
Land & Building (if
included) |
$0 |
Cash Flow |
$93,881 |
| Other Assets |
$0 |
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Current Liabilities to
be assumed |
$0 |
Current Notes to be
assumed |
$0 |
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