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Business For Sale
RETAIL FURNITURE/DESIGN BUSINESS- UPSCALE
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Asking Price: |
$299,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Home Furniture & Furnishings
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Reason for Selling:
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Family Health issues. |
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Year Established:
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2004 |
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# of Employees:
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4 |
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Yearly Revenues:
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$614,000 |
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Yearly Cash Flow:
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$100,000 |
Business for Sale Overview:
This store opened in August 2004 and has shown year over year growth ever since. Q1 2007 should be another record. Family member's health issue is causing the sale of the business. Upscale Fairfield County location. Lots of walk in traffic. The store presents shoppers with a unique and eclectic selection of custom furniture, lighting, and accessories from a list of reputable and affordable vendors. The owner and her staff have grown the business from $135,000 to $614,000 annual sales. Great lease for this community. Plenty of parking.
Property Features and Assets:
Beautiful, warm store front on Main Street. 1,400 square feet. Entry's in both the front of the store and from the parking lot in the rear. Lots of foot traffic in this town. Lease expires in August, 2011 with one 5-year option. Very warm environment.
Market Competition and Expansion:
There are many design/furniture stores in this town. Each has a niche. This store has grown year over year and is just hitting it's stride. Advertise more, work with contractors, but there is a lot of word of mouth growth currently.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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