Seller's Contact Information

  • RE:  Profitable Furniture Store: Buyer Benefit $298K
  • Contact:  James Hickey
Listing Update!
Update: Profitable Furniture Store: Buyer Benefit $298K is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Retail: Home Furniture & Furnishings Industry.

Business Overview:

This business imports and retails contemporary and Scandinavian furniture and furnishings from Scandinavia, Europe and Southeast Asia. They also source from the US, Canada and Mexico and operate in a 10,900 square foot building located at a high traffic location in a suburb of Syracuse NY. The business also carries lines of high-quality mattresses, lamps, rugs, works of art and gift ware. Their customer base is a highly educated, discerning and affluent people, who are looking for a better quality, aesthetically pleasing home and office furnishing at a value price.

Property Features and Assets:

The building is owned by the seller. It is a 10,937 square foot two-story with an open balcony in the front and includes an 800 square foot one-story warehouse in the back. It is located on a high traffic commercial location with multiple national chain stores and restaurants nearby. The owner is willing to offer a below-market lease for a location that is minutes away from the $31B Micron Technology plant. The building was renovated just a few years ago, and it has a showroom that is first-class displays of their high-end inventory.

Market Competition and Expansion:

The local market is robust, and the expected influx of well-paying jobs and growth provided with the expected expenditure of $100 Billion dollars from the Micron Technology plant, one of three plants which is under construction. Local news has reported that over 40,000 people will be employed by this huge microchip plant, plus an additional 9,000 jobs from ancillary suppliers which will fuel growth in the area for many years.

Reason for Selling:

Retiring. Kindly ask the seller for more information.

Additional Details:

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

Relevant Links:

Opportunity Update!

Exciting update: Profitable Furniture Store: Buyer Benefit $298K has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

Featured Listing
Asking Price: $10,000,000

High-Profit Furniture Retailer with Strong Growth

Tampa, FL
Not disclosed

Situated in the dynamic and fast-growing Central Florida region, this distinguished furniture retailer has solidified its reputation as a leading destination for high-quality, stylish home furnishings. With a customer base that spans beyond the state of Florida, the business offers an extensive selection of furniture that seamlessly blends contemporary and classic styles.A key asset of this business is its flagship location, which features a spacious 63,000 sqft showroom alongside a 60,000 sqft warehouse. This state-of-the-art facility is the operational heart of the business, showcasing a diverse range of products from custom furniture pieces to premium outdoor furnishings, all sourced from top-tier brands known for their quality and craftsmanship. The business is further supported by a robust online presence, including an interactive e-commerce platform that enables customers to explore customization options and make convenient online purchases.Financially, this debt-free business has consistently achieved impressive revenue growth year over year, with annual sales well north of $15,000,000 for the past three years. It generates over a million dollars in cash flow annually, demonstrating its strong profitability. With a positive trajectory, the business is on track to exceed $20,000,000 in revenues in the coming years. In the first quarter of 2024 alone, revenues reached nearly $5,000,000, showcasing the business's continued growth and profitability.For strategic buyers, this business represents a chance to enhance market share in a lucrative area, while private equity firms may see it as an excellent platform for further growth or a strategic add-on acquisition. The business has been financially reviewed by several banks, making it well-positioned for a range of financing options. The current owner is willing to consider seller financing based on the buyer’s qualifications and financial standing.

Cash Flow $977,235
Revenue $18,000,000
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Established French Home Goods eCommerce Business

Not Disclosed, CA
Not disclosed

Established 18-year-old eCommerce business specializing in authentic French table and kitchen linens and home goods. The business sells through two channels: its own Shopify website and Amazon. About 94% of sales come through the company website, which ranks well in organic search. The remaining sales come through Amazon.The business has more than 42,000 customers in its database, and about 38% of sales come from repeat buyers. Customers are mostly affluent, educated women, many of whom discovered these products while traveling in Europe. The business ships throughout the U.S. and to international markets including Canada, the UK and Australia.The business works with five main suppliers in the U.S. and France and manages about 800 active SKUs. All orders are fulfilled in-house, usually within two days. Operations run on Shopify, ShipStation and QuickBooks. The owners handle the day-to-day work with one part-time employee for shipping.The business operates from an office and warehouse of about 900 square feet and can be easily relocated. The sale is turnkey, with the sellers committed to providing training and transition support to ensure a smooth handoff. The owners are selling because of a planned personal move and want to pursue new opportunities.Investment Highlights18 years in business with an established product catalog42,000 customers and about 38% repeat businessStrong organic search rankingsSpecialty niche with authentic French brandsSimple in-house fulfillment; the business can easily be relocated

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Cash Flow Not Disclosed
Revenue Not Disclosed

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Cash Flow Not Disclosed
Revenue Not Disclosed

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Cash Flow Not Disclosed
Revenue Not Disclosed

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