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- RE: Profitable Furniture And Used Goods Store
- Contact: Timothy Larrabee
Quick Facts
Asking Price: | $249,900 | |
Annual Revenue: | $249,931 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $70,515 | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 3 | |
BBN Listing #: | 802362860 | |
Broker Reference #: | 12821-759675 |
Business Overview:
Have you been looking to take your online business to the next level by opening a brick and mortar retail location? Here is an established operation which offers a wide variety of quality used furniture, art, furnishings and collectibles at bargain prices with excellent profit margins. With a 9,000 square feet retail space in a busy location, there is plenty of room to display and sell complete furniture sets, household furnishings and liquidation lots to both walk-in and online buyers. Annual sales have increased every year from $199,000 to over $300,000 during the past 3 years despite the pandemic. Start making money on your first day with this turnkey business that comes with the tradename, equipment, display cases, supplies, furniture, a branded delivery truck and $75,000 in salable inventory. Seller is motivated and willing to consider owner financing for qualified buyers.
The business was formed in 2016 by the current owner, who decided to utilize his online sales background and experience to open a used furniture and goods retail business. After 6 years of steady growth, the owner is now ready and motivated to sell.
There are no major competitors in the area with the capacity or selection of merchandise as this business. A couple of local antique shops have a few similar products but they do not have enough floor space to compete on any real level. In addition, this business offers local pickup and delivery service which further sets them apart from the rest.
This business offers an energetic buyer a lot of potential for increased sales growth and profitability. Below are a few recommendations suggested by the Seller:
1. Become an authorized dealer for commercial furniture products and mattresses.
2. Acquire a pawn license and sell more products on sites such as Shopify, Facebook etc.
3. Diversify income stream by obtaining a commercial Mover’s license.
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Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Massachusetts businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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