Charlestons Most Unique Home Furnishings And Decor Retailer For Sale

Business description

Located in the beautiful coastal area of Charleston S.C., the showroom is on a well-traveled highway with excellent visibility and in the middle of a commercial retail corridor. The business is a free-standing brick 24000 SQ FT building on 2 acres with ample parking [125 spaces]. This established retail business has an extensive client base from both the local area and surrounding states. This business provides customers home furnishings that are available for instant purchase, including furniture, accessories, wallpaper, fabrics and framed art from the well-stocked showroom. The business has a 30 year history with a very loyal customer base and is well known for its excellent selection of merchandise and customer service.

Business is staffed by 5 long term and several part time employees who provide home design services both in-store at at client's homes. Business is a corporation and the building and land are privately held by the business owner. Owner prefers to sell business and property together.

Asking Price:
$3,300,000.00 - Business
$7,200,000.00 - Property and Building [approx. 2 acres]

Property information

Real Estate:

Real Property Included

Location:

Located in the Tri-County area of Charleston, his property is minutes from the fastest growing area in South Carolina.

Premises details:

24,000 SQ FT free-standing brick building with loading dock. Building has a large frontage facing a busy highway with the very large parking lot positioned on the side.

Size in square feet:

24,000

Other information

Expansion potential:

There are 2 additional adjoining acres that are available for purchase from owner.

Competition / Market:

One small furniture store located 3 miles away, otherwise no other direct competition in the immediate area because of the unique product mix of the store.

Support & training:

As needed, negotiable.

Reasons for selling:

Owner retiring.

Trading hours:

Mon-Sat 10-6

Furniture / Fixtures value:

$250,000 (included in the asking price)

Inventory / Stock value:

$550,000 (included in the asking price)