Furniture & Home Decor Consignment Store

Charlotte, NC
Mecklenburg County

Asking Price: Annual Revenue:
$350,000 $1,288,229

Retail: Home Furniture & Furnishings

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RE: Furniture & Home Decor Consignment Store Broker: Ross Levin
Owner Financing is Available!
SBA Lending Pre-Qualified.

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,288,229
Net Profit: Not Disclosed
Cash Flow: $118,547
Total Debt: Not Disclosed
FF&E: $18,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 13
BBN Listing #: 180255287
Broker Reference #: 42520081

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Business Overview:

This locally run consignment company has been in business 8 years and has established a loyal following and a substantial customer database. They are the proven leader in their market for quality of product and store presentation, service both to the consignor customer and purchasing customer, and a high level of integrity in the way they conduct business.

Their products consist of consigned furniture and home decor. They add some purchased product to this mix to maintain a consistent floor appearance and to keep the product mix balanced. There is still growth opportunity in the market, especially with an increased focus on social media and networking. Concentrating on this significant part of the business will bring more sales, and increased profits.

Business has been pre-screened with SBA lenders for qualified buyers.

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Property Features and Assets:

The business occupies approximately 11,060 square feet of leased space in a strip center anchored by a national big box home goods/housewares store. There are over 300 parking spaces which include 50 directly in front of the business.

Market Competition and Expansion:

Locally owned Consignment does not require cash to procure inventory Consignment allows for lower price points. Customers get immediate delivery and satisfaction with no typical wait time ordering product. Reputation- length of time in market, consistency with quality and customer service.

Reason for Selling:

Retirement & Pursue Other Interests.

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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