Executive Summary
Listing #:
ACG 5712-001
Retail
Furniture Store
(Fiscal Year Ending December 31)
|
(All in $000's) |
2007 |
2006 | 2005 |
Gross Receipts |
$3,584 | $4,490 | $4,158 |
|
Gross Profit |
$1,657 | $2,207 | $1,882 |
|
Net Income |
$762 | $1,224 | $1,021 |
|
Recast Cash Flow * |
$763 | $1,225 | $1,024 |
*Earnings before debt service, income taxes, rent, non-cash charges and
compensation paid to owner plus related payroll taxes.
Inventory:
$1.1MM - Not Included in asking price
General Area or Location:
Southeastern United States; Gulf Coast Area
Description: Second generation furniture retail store offers medium to high end residential furniture and related accessories. The business offers in home decorating and design services which incorporate the wide variety of furniture pieces and accessories into a custom designed setting for each customer. The Company extends credit to qualifying buyers and carries the accounts through final collection. Open Accounts Receivables are not included in the selling price.
Reason for Selling: The owners are ready to prepare for retirement. The business has been their main focus for the past twenty years and now is a good time to transition out of the business.
Asking Price:
$6,700,000 plus
Inventory
Alamo
Corporate Group, Inc. - Dallas
5930 LBJ Frwy * Suite 401
Dallas, TX 75240
voice: 972-385-1763 * cell: 469-230-2440
Contact: Dan Hall
Email:
dhall@alamocorporategroup.com
If you would like more
information about this listing, download a copy of the
Buyer Application and
Confidentiality
Agreement.
Complete the forms and either fax or mail them to us.
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