3111 Richmond TerStaten Island, NY 10303

This exceptional Staten Island property presents a unique investment opportunity encompassing a thriving, established furniture manufacturing business. Located at 3111 Richmond Terrace, Staten Island, NY 10303, this two-story industrial building offers 39,278 square feet of space on a substantial 58,374 square foot lot. The building features ceiling heights ranging from 11 to 15 feet, providing ample room for manufacturing operations. Currently, the business occupies 30,000 square feet, but operations could be successfully scaled down to 20,000 square feet in a new location. The asking price is $1,500,000. The included business boasts an impressive annual gross income of $4 million and a net income of $1 million, serving a diverse clientele including furniture stores, nursing homes, homeless shelters, and hotels across multiple states. The sale includes all paid-off equipment, 27 experienced employees, and four 24-foot trucks. The current owner will provide training and assistance post-sale. The business produces 200-400 pieces of furniture daily, offering a wide variety of 30 colors and styles, including beds, wardrobes, desks, tables, entertainment centers, and cabinets. The facility includes a large owner's office and is equipped with video cameras for security. The business utilizes no chemicals in its manufacturing process and delivers fully assembled furniture directly to customers. This is a rare opportunity to acquire a profitable, established business with significant growth potential.