Established Furniture Store, Retail

Dallas, TX
Dallas County

Asking Price: Annual Revenue:
$519,000 $1,154,150

Retail: Home Furniture & Furnishings

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RE: Established Furniture Store, Retail Broker: Michael Saunders

Quick Facts

Asking Price: $519,000
Annual Revenue: $1,154,150
Net Profit: Not Disclosed
Cash Flow: $139,735
Total Debt: Not Disclosed
FF&E: $84,500
Real Estate: Not Disclosed
Year Established: 2007
Employees: 9
BBN Listing #: 927452290
Broker Reference #: Not Disclosed

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Business Overview:

Furniture Store, Retail, North Texas suburbs, close to I-35. This store sells a mix of Rustic, Traditional and Contemporary furniture. It offers a complete compliment of furniture and accessories such as:

Living Room Bedroom Bar Stool
Pub Tables Sectionals Bar Tables
Quality Mattress Bedding Bunk Beds
Unfinished Motion Sofas Formal Dining Room
Reclining TV Stands Wall Units
Theater Seating Rugs Art

The owner started the business over 10 years ago. He has an exceptional well trained long term staff in place, excellent trade accounts and numerous quality & reliable suppliers.
The 25,000 Square Feet facility offers ample room for the furniture showroom, warehouse/prepping area and receiving/delivery area. This business is completely computerized including the inventory. The business also offers custom finishes on certain items so as to meet customer needs and requests. With their large customer base and solid reputation they continue to attract new customers plus repeat business. The marketing focus while minimal, has been in their immediate market area. The opportunity to grow this business through social media, etc. is awesome. While the businesses gross margins are excellent, his pricing is low to moderate providing his customers with fair pricing on excellent quality furniture and accessories. Including in the purchase price is $84,500 in FFE which includes three (3) trucks for delivery and touch-up plus inventory of $170,000 @ cost.
Don’t wait on this opportunity, call us discuss the opportunity. We look forward to speaking with you, meeting with you and arranging a buyer/seller meeting. We are here to help.

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Property Features and Assets:

Facilities: 25,000 Square Feet, showroom, receiving, refinishing, warehouse, office. Space is leased at $10,000 a month.

Market Competition and Expansion:

Competition: Average for this area. Growth & Expansions: Owner is experiencing poor health and would like to retire. A new hands on owner should be able to re-energize & quickly grow this business. The marketing program, the social media program all need to be addressed. This alone should cause business to experience rapid growth. Support/Training: Seller or general manager will provide 3-4 weeks of hands on training as needed as well as an additional support of 3-4 weeks via phone, text, email or on site as needed.

Reason for Selling:

Declining health/retiring.

Additional Details:

  • The property is owned.
  • The owner is not 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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