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- RE: Well Established Furniture Store For Sale
- Contact: Gene Townley
Quick Facts
Asking Price: | $710,000 | |
Annual Revenue: | $996,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $156,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | $140,000 | |
Year Established: | 2013 | |
Employees: | 3 | |
BBN Listing #: | 317263250 | |
Broker Reference #: | 1-39 |
Business Overview:
This business was started twenty years ago in Nashville, delivering furniture directly to the consumer’s home. Now it’s been grown into a highly successful furniture store with a large client base and a high level of brand awareness in the local area.
This business is highly competitive with other furniture stores due to its unique structure and motto. It caters to a client base of residential customers with a small percentage of commercial clients. It offers delivery as part of its services and the necessary equipment is included in the sale price.
This business could easily be expanded upon to grow and prosper or be run as is to retain the current earnings. The owner has not wanted to expand the business and is selling order to move out of state, but a new owner has a variety options to encourage revenue growth.
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Property Features and Assets:
This location has a 6,000 foot showroom and a 4,500 foot warehouse, both fully stocked with merchandise. Business has been in this location since 2014. Lease was just renewed for several years.
Market Competition and Expansion:
This company focuses on placing themselves apart from other furniture stores by offering better pricing. This differentiation gives them a highly competitive edge and earns them repeat customers.
Reason for Selling:
Moving and Swapping Careers.
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 Tennessee businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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