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Profitable Furniture Retail Store with Innovative Online Presence
This independently owned store is the first West Coast location of a growing East Coast network of retail outlets. Network enjoys a close relationship with a well-known furniture supplier and caters to the value-oriented buyer.
Network employs an innovated website where a customer can create his or her own living space online and visit the store’s 6,500 sq. ft. showroom to purchase.
This unit opened in October of 2010 and is already generating sales of between $40,000 and $50,000 per month. Great location with plenty of parking and faces a high-traffic thoroughfare.
Seller holds a variety of business interests and is not able to devote sufficient time to this venture but is willing to stay on for a reasonable period for training and to ensure a smooth transition. The sales and SDE presented below are projections for 2011 based on recent monthly volume and assume a full-time owner-operator:
Sales: $540,000
Seller’s Discretionary Cash Flow (SDE): $98,400
Inventory included in sale: $60,000
Asking: $270,000
Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
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