Profitable Leather Furniture And Accessories Store For Sale

Business description

This leather furniture and accessories store was established in 1988, and has been under current ownership since 1992.
This is a turn-key niche business with a high return on investment. The current owner is ready for retirement, but agrees to stay through a reasonable transition period. This leather company provides their clients with custom ordered full top-grain leather furniture at "Warehouse Prices". This business is the largest leather gallery in the area. They will tempt you with you over 90 custom leather sets in a rainbow of 80 colours. With 25 years of sterling reputation and 50% repeat business this is a superior offering. A business license is required for operation, and there is opportunity to open new locations and grow the business. To learn more about this business, submit a request today!

Products and Services Offered: Leather Furniture & Accessories. The company offers great sofas, sofa beds, loveseats, chairs, reclining furniture and sectionals to suit any room in the home or office.

Property information

Real Estate:

Lease

Premises details:

This leased, 13,800 sq ft facility has recently been remodeled. There is room for expansion at the current site. City street frontage with good visibility and high traffic make this a great location! Delivery truck in good condition.

Business Operation

Expansion potential:

Growth and expansion can be attained through opening store in new locations and by franchising. Increased advertising would also increase profits.

Competition / Market:

There is limited or no competition in regional marketplace. This fine establishment is know as a destination store for superior leather furniture and items exclusively. This business offers custom order business model with limited warehousing/stocking. Also they offer exclusive territory agreements with major manufacturers and supplies.

Trading hours:

Hours:
Mon-Tue. 10am-6pm,
Wed - Fri. 10am-9pm,
Sat. 10am to 5pm,
Sun. 12N-5pm.

Employees:

7 Employees

Years established:

1988

Other information

Support & training:

Owner agrees to stay through a reasonable transition period. The outstanding staff is willing to say on after the sale.

Furniture / Fixtures value:

$22,000 (included in the asking price)

Inventory / Stock value:

$300,000 (included in the asking price)

Website:

www.intlag.com/