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607-Q S Main ST King, NC 27021
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Key Details
Sold Price $427,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 951384
Sold Date 12/10/19
HOA Y/N No
Originating Board Triad MLS
Year Built 1974
Property Description
A great business opportunity for someone wanting to be in high-end furniture retail! This high-end Amish furniture company grosses approx. $400K & nets approx. $170K annually with its existing customer and vendor/manufacturer base (approx. 50 vendors). It deals directly with its manufacturers keeping its inventory costs low allowing it to sell competitively against much larger companies and still maintain an overall 40-45% gross margin. The building can be sold separately from the business if desired.
Location
State NC
County Stokes
Building
Lot Description City Lot, Level
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
New Construction No
Others
Special Listing Condition Owner Sale
Read Less
Bought with The Granite City Group
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