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South of Richmond

  • Listing Number: 201-21929

    Category: Retail

Asking Price $92,500
Gross Revenue $429,725
Total Adjusted Net Income $19,103
Equipment / Fixtures $18,000
Year Established 1983
General Location South of Richmond
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This 30 year old business is a full-service interior design firm specializing in residential and small-scale commercial design projects. They handle any size project from pillows for sofas to a whole house re-design or new construction. They are a local source for all décor needs, and also offer the biggest selection of a multitude of furnishings and accessories for a home or office.

Gross Revenue
$429,725
Listed Price
$92,500
Total Income
$19,103
Base Rent
$1,500
Square Feet
1800
Total Rent
$1,500
Lease Expiration
01/2024
Rent Deposit
$1,500
Inventory
$79,963
Equipment / Fixtures
$18,000
Training Period
1 month
Part-Time Employees
3
Special License Required
None
Contract Staff
1
Reason for Selling
Other Opportunities - buyer can stay on as a consultant or employee if needed

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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