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- RE: Home Furnishings Store With Design Services For Sale
- Contact: Internet Processor
Quick Facts
Asking Price: | $300,000 | |
Annual Revenue: | $618,911 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $221,728 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1990 | |
Employees: | Not Disclosed | |
BBN Listing #: | SB-50946 | |
Broker Reference #: | INDIAIN001-50946 |
Business Overview:
This home furnishings store with design services has all the right connections to make a house a home! It offers clients a one-stop shop for all their remodeling and updating needs. Indoors or outdoors, this store meets clients’ needs with a vast array of items. Some of these include:•Bedroom & Living Room Furniture•Outdoor Furniture•Soft Goods•Cabinetry & Countertops•Flooring•Light Fixtures & Fans•Plumbing & HardwareBecause they have manufacturer-direct connections they pass on savings to their clients. In fact, they offer discounts others seldom can! This home furnishing store also offers full-service interior design and renovation services. Contractors handle the installation services. The store is centrally located near several affluent suburbs. There are over 420,000 homes with an income range of over $100,000 to $115,000 nearby. Due to the tight housing market, homeowners are remodeling. This means they are looking for high quality goods and design/remodeling assistance to make their homes beautiful. The interest rate increases in 2023 coupled with the downturn in home sales had a direct, negative impact on the store. It is important to note, however, that the sellers saw this coming and aggressively managed their expenses. As a result, their net income as a percentage of revenue increased. This home furnishings store with design services is a good fit for an owner/operator wanting to showcase their design experience with an independent home furnishing design center. Additionally, it makes a great add-on to an existing contractor looking to offer design, purchasing, and installation services. Contact us today to find out more!Investment Considerations: •Offers Full-Service Design & Renovation Services•Large Space with Showroom & Offices•Access to Hundreds of Top Brands•Manufacturer Direct Connections•Strong Local Recognition•Marketing In Place•Close to Affluent Suburbs
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Property Features and Assets:
The facility is approximately 10,000 SF. Monthly rent is $5,000 including CAM charges. The lease is month-to-month.
Market Competition and Expansion:
The business is located near housing with the following information:•There are over 385,000 homes in the Indianapolis area alone, with over 40,000 in nearby Carmel•Average household income in the business area is over $100,000, while it is over $115,000 in Carmel, Fishers and Zionsville.
Reason for Selling:
The Seller is ready to retire.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Indiana businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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