Furniture Now -Great Opportunity! - Price Reduced!

San Antonio, TX
Bexar County

Northwest San Antonio


Asking Price: Annual Revenue:
$385,000 $3,400,000

Retail: Home Furniture & Furnishings


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RE: Furniture Now -Great Opportunity! - Price Reduced! Broker: Steven Coben
Owner Financing is Available!
Willing to discuss with significant down, owner's good credit to sign lease, along with experience in retail.

Quick Facts

Asking Price: $385,000
Annual Revenue: $3,400,000
Net Profit: $300,000
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 20
BBN Listing #: 690558332
Broker Reference #: Not Disclosed

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Business Overview:

Furniture Now is one of San Antonio's #1 Rated Furniture Stores: https://threebestrated.com/furniture-stores-in-san-antonio-tx - We carry a strong mid-line of Furniture with brands like Ashley Furniture. Our 33,000 square foot building is near one of the most densely populated areas of town - with awesome highway visibility. The Real Estate can also be bought. We have a dedicated team of managers, sales people and warehouse staff. Our business is priced to sell quickly - so please contact Steve Coben 210-823-8856 for more information. This is a great opportunity with lots of upside for profit.

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Property Features and Assets:

Furniture Now sits on the Corner of Loop 410 and Evers Rd in San Antonio - the Two Story building has fantastic Highway visibility - and is located near one of the heavily populated zip codes in our city. The Show room is approximately 22,000 square feet with a lower level warehouse of 11,000 square feet that has HVAC and could be used as extra showroom space. The price includes $80,000 in first quality inventory. The building is not included in the sales price but could be purchased if new owner wants to buy.

Market Competition and Expansion:

Furniture Now has strong market share for great quality furniture at affordable prices. Our main competitors are Ashley Homestore, Rooms To Go and the ever expanding internet. Our advantage is that we have many areas to grow with physical locations - supported by a growing and active Ecommerce website. Our biggest advantage with online sales is that customers have a location to see samples and make credit purchases - giving them no interest offers that other online competitors cannot offer.

Reason for Selling:

Family

Additional Details:

  • The property is owned.
  • 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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