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Arts, Crafts And Furniture Galleries With Stock For Sale

Flushing, Queens, New York
Asking Price:
$250,000 (USD)
Sales Revenue:
$420,000 (USD)
Cash Flow:
$50K - $100K (USD)

This arts, crafts, furniture, antiquities, home and office decorations, flowers and home decor vase, gift items, hand made arts, ranging from small items as weighing just 1 kg to heavy items weighing over 300kg all from old Chinese made and collections with over 8,000 pieces of items small, medium and large for stock sales. This business that returns annual revenue of $400,000 in Gross sales in 2016 and in 2017 the Store recorded a gross sale of $420,000 is privately owned for over 30 years in Flushing Queens, New York. The owner is old and retiring. The stocks and assets is currently valued at about $2.3 million dollar retail value. Owner will sell the entire stock of goods with store furniture at best offer price (bof) or $250,000 take it all! The stocks and goods are all in excellent conditions and good storage conditions. Prospective buyers have adequate stock of goods to commence sales the very first day from purchase. There are several boxes of opened chandelier bulbs and lightnings which are brand new.

The Seller is available to show the merchandise while the Buyer is able to conduct valuation of the goods. All items shall be sold an an entity to a single Buyer. The Store requires only two personnel to manage opening 7 days in a week. Seller to provide the regular sources of restocking and purchase of merchandise

Property information

Living Accommodation:

NA

Location:

The items are in storage in flushing well packaged and in excellent conditions. The goods are available for instant inspection and evaluation.

Premises Details:

The store has been closed due to demolition of the premises for a new construction. New Buyer with existing store or buyer with brand new store front to set up this lucrative cash flow business

Size in square feet:
NA
Planning Consent:

NA

Business Operation

Expansion Potential:

This entire stock of goods will fit and fill a new store for immediate opening and sales. They are shelve ready display sales and revenue.

Competition / Market:

The items are being sold due to the retirement of the owner. The store was owned and make excellent retains as flushing queens largest store for chinese arts and crafts, furniture, chandelier, flower vases, paintings, wall decoration, house and office decorations etc

Reasons for selling:

The owner is has retired after owning this business for 30 years.

Trading hours:

9 am to 7 pm daily

Employees:
9 am to 7 pm daily
Years established:
1991

Other Information

Support & training:

NA

Inventory / Stock value:
$2,400,000 (USD)
Business closed / Asset sale:
Yes
Relocatable:
This business can be relocated.
Administration / receivership:
This business is in administration / receivership

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