Business for Sale Overview:
This is a well established, successful and profitable upscale furniture retailer. They sell primarily upholstered sofas, chairs, love-seats, sectionals, and some accessories, by placing orders from the floor samples. All sales are special orders, and are delivered to the customer within 4-6 weeks. The company offers furniture only from leading, highly respected manufacturers, including Rowe, Braston-Culler, Pallister, England, Four Seasons, and Lancer. The business operates on a low advertising budget, consisting primarily of newspaper, special promotions, and closeouts; also internet and yellowbook.com. Most sales come from repeat customers, walk-in traffic, and word of mouth.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Building is 5,300 Square Feet of retail space in great location- heavily trafficked area of West Broad. Plenty of near door parking- great visibility from street- building in near new condition. Support/Training: Seller will stay on as required to provide successful transition.
Market Competition and Expansion:
Competition: There are other retail furnishing stores in the general vicinity, though none with with breadth and scope of manufacturers that this store has. Also, great prime location.
Growth and Expansion: The business has grown and expanded nicely over the past 7-8 years primarily by providing outstanding customer service. One aspect of this is the program of attracting loyal interior decorators to generate sales by offering them a 10% commission of the sale upon full payment of their customer. Further incentives to the interior decorator community could expand sales to their customers.
Reason for Selling:
Seller is moving.
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.