Coachella Valley Upscale Furniture Store Interior Design Studio For Sale

Business description

A most unique, upscale Furniture Store & Interior Design Studio is for sale in the Coachella Valley - Palm Springs area. This business opportunity has a number of different streams of income. First, there is the furniture and accessories retail store that sells eclectic home furnishings and home accessories to middle and upper-end clientele who typically look beyond the national chain stores for furnishings. The store is located in a destination known for its art galleries, artisans and other home furniture galleries. This is a high-visibility storefront, 6,000 sq. ft. of space, with easy in and out access, and plenty of parking adjacent to the store. A second revenue stream is the custom, personalized services that offer one-on-one design inspiration for the customer, will allow the customer to shop in a variety of ways, and will support a broad consumer, business and design trade client base. Third, this business is also very well known for designing showrooms and tradeshow booths for the home furniture industry. And, finally, they do custom design and development of home furnishing products such as chandeliers and lighting, tabletop accessories, wall decor, and all home accents for the home furnishing manufacturing industry. The current owner receives monthly royalty payments for this work. This company has a global reach in terms of vendors as well as customers.

During this difficult economic time, the company has worked hard to significantly reduce operating expenses and become uniquely positioned to recover quickly. As more homes are being sold in the area and projected growth continues, revenues should improve to levels previously achieved. Other furniture and home improvement businesses in the area have not survived, lessening competition in the area.

Along with the furniture, fixtures and equipment, there are numerous high-end and upscale Catalogs, Art Books, and Fabric Samples included. This resource took years to build and is virtually irreplaceable. One extraordinary fabric, that can cost up to $200.00/yd., is sold exclusively in this area by this business, and they have been provided many samples. The current owner is willing to stay and wants to continue working in the trade while providing training to the new owner. He has developed many industry contacts over his lifetime, which are an integral part of the success of the business, and introductions would be made to the new owner.

Property information

Real Estate:

Lease

Lease terms:

$4,215 per month

Location:

6,000 sq. ft. building

Size in square feet:

6,000

Other information

Support & training:

Seller will provide training

Reasons for selling:

Retirement

Trading hours:

Monday-Saturday 10-5

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will negotiate financing

Furniture / Fixtures value:

$27,000 (included in the asking price)

Inventory / Stock value:

$200,000 (included in the asking price)