Established Home Furnishings Retailer + Commercial Real Estate - 12009JL

Location
Category
Furniture, Appliance Outlet Store
Price
$895,000 (Business & Real Estate)
Description

Established Home Furnishings and Appliance retail store and commercial real estate. Located in Northwest Minnesota and established in 1939, this third-generation business has been serving the community for over 85 years! The store is also known for unique wall art, home décor, everyday gifts, and a diverse collection of furniture, ranging from cozy sofas to stylish bedroom sets, all at an affordable price point.  Also offers flooring products with premium carpet and luxury vinyl plank + installation.  Full line-up of name brand mattresses and essential appliances to match your kitchen needs.  Inventory not included in asking price and will be valued and negotiated separately at closing.  The seller is pursuing new opportunities and is committed to assisting with an orderly transition to new ownership.  

Listing ID
12009JL
Value From Year
2025
Cash Flow
$119,592
Value of Real Estate
$580,000
Equipment Price
$171,220
Gross Sales
$1,276,704
Reason for Selling
New Opportunities
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
87

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