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Manufacturer/Retailer of Home Furnishing Accessories...$2M Market!

Peoria, Illinois (Peoria County)

Retail - Home Furniture & Furnishings | Mfg. - Furniture and Fixtures

$Seller Financing Available

Asking Price $350,000 Inventory $40,000** 
Gross Income $760,000 Real Estate  
Cash Flow $88,000 Year Established 1991
FF&E $65,000* Employees N/A

* included in the asking price

** not included in the asking price

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 more than $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!

Facilities: Are located in a standalone building. The 6,700 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!

Competition: 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.

Growth/Expansion: 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.

Seller Financing Available: Yes

Financing: Seller would consider financing a portion of the sale for a qualified buyer

Support/Training: Initial training by the franchisor will take place in a local Midwestern retail operation, followed by up to 3wks of on-site training by the seller. Additionally, the franchisor provides ongoing market training, professional sales training and employee training takes place in regional sales meetings and on-line systems.

Reason Selling: Retirement

Business For Sale By

Douglas T. Walker, CBI, SBA, CMEA

847-526-9699

Sunbelt Business Brokers

Contact the Seller

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Contact the seller about this Manufacturer/Retailer of Home Furnishing Accessories...$2M Market!

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