Reputable Furniture Store in Upstate SC

Not Disclosed, SC
Spartanburg County


Asking Price: Annual Revenue:
$450,000 $502,335

Retail: Home Furniture & Furnishings


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RE: Reputable Furniture Store in Upstate SC Broker: Eli Tatem

Quick Facts

Asking Price: $450,000
Annual Revenue: $502,335
Net Profit: Not Disclosed
Cash Flow: $95,649
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 3
BBN Listing #: 20151471
Broker Reference #: 32661-314802

Email or Print Listing

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Business Overview:

$275,000+ in inventory alone! Well-trafficked and Well-loved Furniture Store with a track record of taking care of customers with Fair Values and Top-Dollar Service, including Next-Day Delivery and Financing. With a massive selection of furniture including Sofas, Dining Sets, Office Chairs, Outdoor Sets, Dressers, Beds, Mattresses, Lamps, and more, this huge furniture store offers prices people can afford! The business also offer a large selection other household items at discount prices, including items like cookware, tools, large rugs, small-scale appliances, and more! This business has the goods and the stellar reputation with a track records of doing good business for the last 11 years.
This family-owned furniture store started in 2010. The business has put in the work to grow into a trusted local furniture retailer, and has customers coming from many parts of the state because of their service and competitive pricing.
There are about three other furniture stores are located within 5 miles, but this business offers same day and next day delivery for customers in order to set themselves apart from the competition, as well as multiple financing options for furniture purchases. The business also offers many other household items, making it unique in it's selection.
The current owners do minimal advertising with limited hours. Local advertising and being open until 8 PM or so would Increase Earning Potential.
Large Retail location, formerly a grocery store location, large parking lot on a main street with lots of exposure, huge sign on the front of the building

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Reason for Selling:

Retiring

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.

Relevant Links:

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