Business For Sale

Well-Located Popular Furniture Store

Not Disclosed, FL

Not Disclosed.

Asking Price: Annual Revenue:
$1,970,000 $2,109,621

Retail: Home Furniture & Furnishings

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RE: Well-Located Popular Furniture Store Broker: Mark Purtee

Quick Facts

Asking Price: $1,970,000
Annual Revenue: $2,109,621
Net Profit: Not Disclosed
Cash Flow: $299,766
Total Debt: Not Disclosed
FF&E: $93,672
Real Estate: Not Disclosed
Year Established: 2005
Employees: 4
BBN Listing #: 70724955
Broker Reference #: 1001-14774

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Business Overview:

Own a retail furniture store which offers premium quality furniture brands. Located in a community of over 125,000 people within 6 miles of the store. And the area is one of the fastest growing communities in the U.S. 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 is in a prime location on a U.S. Highway. It is surrounded by several malls, strip centers, all the major restaurants and large retailers. In short, it is in the heart of the major shopping district for the area. Total Assets Included: $237,460

Market Competition and Expansion:

This store is well positioned in the marketplace. It offers high quality furniture, that matches the demographics of its customers. According to the U.S. Census data released March 2018, the Median Household Income in this area is 9% higher than the average in the U.S. 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. Its location near a vast residential area, insures a large array of customers. The demographic of this area is primarily middle to upper market, which matches the products at this store.

Reason for Selling:

Owner wishes to retire.

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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