Well-Established Furniture Store

Not Disclosed, FL

Not Disclosed.

Asking Price: Annual Revenue:
$745,000 $1,545,103

Retail: Home Furniture & Furnishings

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RE: Well-Established Furniture Store Broker: Mark Purtee

Quick Facts

Asking Price: $745,000
Annual Revenue: $1,545,103
Net Profit: Not Disclosed
Cash Flow: $298,752
Total Debt: Not Disclosed
FF&E: $95,776
Real Estate: Not Disclosed
Year Established: 1995
Employees: 2
BBN Listing #: 59704955
Broker Reference #: 1001-14710

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Business Overview:

Own a retail furniture store which offers premium quality furniture brands. This store has been popular in this community since 1995. The company generates and maintains its large customer base by offering lifetime warranties on most products. And provides 'white-glove' delivery service. Including custom orders delivered quickly.

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Property Features and Assets:

This store has its own building, which has an upscale exterior, located on a busy U.S. highway with an Average Daily Traffic count of 40,500 cars driving past the store. Total Assets Included: $377,679

Market Competition and Expansion:

The store is well positioned in the marketplace. It offers high quality furniture, that matches the demographics of its customers. While others compete on being the lowest price, this company appeals to people who appreciate long lasting quality and beauty. The quality is confirmed with the Lifetime Warranty offered on most products. Customers who appreciate quality, know these brands, and enjoy service from a well trained staff. This location is one of three locations being offered by the same owner. It is well established in the community with a large database of customers. With that foundation, new marketing campaigns could be implemented.

Reason for Selling:

Owner wishes to retire.

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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