Furniture Retail,3 Loc & Whse, Mgmt in Place, 30Yr

Furniture Business with three locations in high growth markets (large in-migration and
rapid new apartment growth) and poised to add additional store locations. Perfect
opportunity for an investor owner (active or passive) strategic buyer, Private Equity
growth firm, or knowledgable retailer wanting to purchase and grow a business. FF&E
including in-store fixtures, delivery box trucks, forklifts, and warehouse racks systems,
are included in the asking price. Because of their size and warehouses, they are able to
purchase in container volumes, ensuring national-level pricing. A financing program
(not rent-to-own), warehouses, and delivery trucks and routes are in place. Owners
have developed a solid management team at the store level and at the C-suite, in
anticipation of selling the business one day. The management salary costs are included
in the financial recasts. The CIM/CBR package identifies the Owner's projected new
store growth opportunities, where they are already doing business. They have a
sophisticated POS sales systems for tracking and reporting sales by product type at the
salesperson level. Tightly managed at each store. A robust marketing program exists
utilizing all media types including, Google Ads, website chat, radio, newspaper inserts,
and solid salesperson training. Owners are retaining the real estate, and will provide new
leases at competitive terms. The CIM/CBR confidential package will not be released
without evidence of the financial capacity to consider the purchase.