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Neighborhood Furniture Center

Hudson County, New Jersey

Asking Price: Gross: Cash Flow:
$100,000 $125,000 Undisclosed

Furniture and Fixtures Value:
$30,000 (included in the asking price)

Inventory Value:
$30,000 (included in the asking price)

Business Summary:
Neighborhood Furniture and Accessories store located on a busy street which is surrounded by businesses in Hudson County. The business was established in 1983 and consists of 5,000 sq ft plus a basement. The business offers a variety of quality bedroom, living and dining room furniture, mattresses and accessories at affordable prices. Ideal for owner operator. Rent is only $2500 per month and a lease for twelve and a half lease. Price includes all inventory and equipment. Motivated Seller ready to retire after 32 years. Store offers delivery through outside delivery service which is paid by the customer. The customer gets what he/she wants from one piece to a whole house full that fits the customer’s space, taste, and budget and style preference. Semi absentee owner, potential to increase sales to $250,000.

 
   
   
Year Business was Established: 32
   
Facilities / Terms of Lease: Neighborhood Furniture & Accessories store located on a busy street which is surrounded by business in Hudson County. The business was established in 1983 and consists of 5,000 sq. ft. plus a basement. Price includes all inventory and equipment.  
   
Owner willing to finance: Prime + 2% for 1 year  
   
Owner willing to train: Prime + 2% for 1 year  
   
Reason for selling: Looking to retire  
 

 

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