Rent Rolls Business For Sale in Daytona Beach Florida

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Furniture Applicance Rental With Property A Real Steal With Financing

Location:Daytona Beach, Florida

Category:Rent Rolls

Asking Price:$75,000

  • Sales revenue : $147,740
  • Net profit : Undisclosed
  • Furniture/Fixtures value : $15,000
  • Inventory/Stock value : $50,000
  • Furniture Applicance Rental With Property A Real Steal With Financing

Business description

Furniture & appliance rental business in the same hands for 19 years. Located in Daytona Beach in the middle of the right demographics for this type of business. This business buys new furniture/appliances/electric goods and then rents them out on a weekly rental contract. This contract is a rent to own over a short term therefor it has a residual income from a book of business that the seller has already in place that is including in the purchase price. The business is operated by the seller & 2 part time employees 6 days a week , seller also takes off Wednesday which is a slow day. Seller owns the real estate and will sell it with the business or lease on a term to suit the buyer.
Seller has no problem in keeping up with the big boys in this type of business and if he does not have inventory on the floor can get it in a day or so. Location of the business is critical and this one is just right. Business comes with a van and all of the paperwork and training so that a buyer does not have to miss a beat. Inventory on the floor is about $50,000 and the seller will finance this if required or discount it for all cash.
Seller will look at offers and is willing to work with a buyer that requires a good solid business that has a track record and good books that could fit an immigration visa.

Other Information

  • Competition: This business has competition but can hold its own price wise and with delivery dates etc.
  • Expansion: More advertising always helps and an aggressive new owner can help. Seller knows what to do but is a little jaded. This type of business does well in a bad or slow economy and consignment and used furniture are doing very well and can be added if a buyer would like to go this way to expand. A new buyer will have many other ways to grow this business if he or she wishes to expand or just leave it along as it does not need fixing just a little new blood !..
  • Employees: 1995
  • Trading Hours: 2
  • Support Training: Seller has been in this business for 19 years and knows it inside out and will train or assist a buyer if required for a week at now charge and be on call after the sale if required. All paperwork and computer programs go with the business.
  • Reason For Selling: 19 years doing the same thing and now he would like to retire.
John Price,broker & Associates
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