Lucrative opportunity to buy a highly profitable outdoor furniture store with 2 locations in SoCal. Opportunity to expand to neighboring counties or states with proven business model. Untapped distributors and resources could add to the bottom line quickly! The seller of this business works directly with the manufacturer for reduced cost of goods sold. Main store uses 3,700 square feet and pays $3,900 a month in total rent while the second location uses 2,400 square feet and pays $2,500 in total rent. Gross sales have been increasing every year by more than $200,000 and seller says it is on-track to gross over $1.3 million in 2016 and netting $415,000 plus a year (and growing). This is with very limited marketing.
This business has an established online component to it, representing today, about 30% of total revenue. Minimal work to manage the web is required. Website has strong organic presence in Google. Amazon store is established with hundreds of positive reviews among other online assets.
Asking Price $840,000
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