Business for Sale

Manufacturer/Retailer of Home Furnishing Accessori

Businesses for Sale in Illinois, Furniture & Home Decorating for sale

Business Id :         BSM232

Location :               Illinois > Peoria > Peoria

Category :              Furniture & Home Decorating >

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Business Detail
Asking Price : $350,000
Sales revenue : $922,000
Inventory : $45,000
Cash Flow : $136,000
Status of Business : For Sale
Relocatable : No
Business closed : No
Home based : No
Employees : 4
Year Established : 1991
Summary :
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 saving more than $160K and DOUBLING the income potential to $2M! 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 an appealing and hard to miss location!



Business Competition :
This business participates in an $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.
Business Expansion :
Despite 20% growth in revenue last year, there’s huge potential for continued 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.
Reasons for Selling :
Retirement

Uploaded Documents:

Available upon Request.

Contact Information :
Name : Douglas T. Walker, CBI, SBA, CMEA
Phone No. : 847-526-9699
State : Illinois
County : Lake
City : Wauconda
For more information about this business for sale, click the Contact Seller button.
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Posted By:
Broker Name: Douglas T Walker
Broker Company Name: Sunbelt Business Brokers of Greater Chicago
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