#1. Luxury Furniture Store – Business ONLY
•Suggested Auction Starting Bid: $599K
•LOCATION: Southwest Houston on MAJOR STREET
•Been in business for 12+ years
•Income docs state $65-85k in revenue each month – profit after expenses $40-47k
•Owner willing for new buyer to sit and view clientele for 1 month during contract
•Owner will to share all docs after contract
•Owner will allow buyer to view all processes of business for one month.
•Owner DOES NOT DO ANY ADVERTISING, her business has been set with referrals & word of mouth, with advertising we can double the profits.
Frequently Asked Questions:
Profit Annually: $500-600K
Tax Returns: NONE, we have bank statements, credit card receipts, & invoices available for accountant to review.
Size: 14,000 sqft plus warehouse
Address: Need to send me Confidential Agreement
Auction Starting Bid: $599K
Commission: 3% to buyers agent
Financing: Cash only
Inventory: $300K not included in sales price
Years in business: 12+
Hours of Operation: 9am to 7:30pm