Retail Furniture Home Decor Store For Sale

Business description

Established in the 1990s as a 1,500 square foot custom furniture store, the company has grown steadily in size and scope. Now occupying over 12,000 square feet of retail space (plus off-sire storage, the business offerings have been expanded to include a unique selection of furniture and accessories. In recent years, upholstered items and leather furnishing have also become significant revenue contributors for the company. The uniqueness and quality of the Company’s furnishings tend to attract a more affluent clientele, which in turn, allows the company to enjoy better profit margins than the more competitive lower-end of the home furnishings industry.

The current owners have been relatively passive in their operation of the business in recent years. There are numerous growth opportunities for a new owner to more rapidly expand this business including: 1) Further develop the designer area of the business; 2) Reactivate its on-line store (developed at cost of $10,000+); 3) Offer window treatments and the ability to coordinating entire rooms via company’s access to custom milled products; 4) Franchise company’s unique concept.

This popular, well-established business provides a buyer a well-collateralized investment with a tremendous growth upside.

Property information

Lease terms:

Favorable, long-termlease

Location:

In popular retail home center in affluent part of town

Other information

Expansion potential:

Could reactivate web-site w/ e-commerce sector, add space, add products

Competition / Market:

Moderate

Support & training:

owner would train

Reasons for selling:

retirement

Trading hours:

Normal retail

Furniture / Fixtures value:

$50,000

Inventory / Stock value:

$250,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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