Profitable Est. 42 Yrs Consignment Furniture Bus.

Houston, TX
Harris County


Asking Price: Annual Revenue:
$250,000 $541,788

Retail: Home Furniture & Furnishings


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RE: Profitable Est. 42 Yrs Consignment Furniture Bus. Broker: Wayne Blease

Quick Facts

Asking Price: $250,000
Annual Revenue: $541,788
Net Profit: Not Disclosed
Cash Flow: $93,556
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1978
Employees: 3
BBN Listing #: 532144107
Broker Reference #: 76931-731471

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Business Overview:

This profitable consignment furniture business, has been in the same commercial center for 42 years. They moved to the current 7836 square feet of larger space in 2017. Competitive lease with almost 3 years remaining. Current owner since 2008. The inventory includes middle to high end consignment furniture, and Home accessories. They offer convenient pick up and delivery. They are rated A+ with the Better Business Bureau. They have a tenured and stable staff. This is an easy business to operate with the owner spending one day in the store as well as spending time managing the financials and providing some direction for the long term sales manager. Owner would like to retire and move near the beach. This opportunity wont last long.

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Property Features and Assets:

This established Consignment furniture business has been in the same commercial center for 42 years. The current owner has owned the business since 2008. They offer middle to high end consignment furniture and home accessories. as well as convenient pick up and delivery service. They moved to the current larger space in 2017 and has a competitive lease with almost 3 years remaining.

Market Competition and Expansion:

Consignment stores are becoming more popular as the new generation is looking for quality while being environmentally conscious. By offering the convenience of pick up and delivery this location has a good consistent following. Potential Growth: There is opportunity to grow the brand through improving the website and increasing the social media , online and marketing presence.

Reason for Selling:

Relocation

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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