E-Commerce Furniture Store With Retail Outlet

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$790,000 $1,176,454

Retail: Home Furniture & Furnishings


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RE: E-Commerce Furniture Store With Retail Outlet Broker: Colin Gildroy
Owner Financing is Available!

Quick Facts

Asking Price: $790,000
Annual Revenue: $1,176,454
Net Profit: Not Disclosed
Cash Flow: $261,811
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 6
BBN Listing #: 919844107
Broker Reference #: 76931-911457

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Business Overview:

Recent price Reduction!

Established in 2009 in Cypress Texas, the owners decided to relocate operations to the Energy Corridor and opened a store on I-10 the Katy Freeway. The exposure from being in a larger sub-market and close to the freeway has allowed them to expand their brand offerings and they now represent ACME, Crown Mark in addition to Ashley to name a few. They also carry several mattress brands which include Serta and Simmons.
Enhancing the customer experience is the primary objective for current ownership. They’ve placed a kiosk at certain points in the store so that if a customer doesn’t find what they are looking for they can search the Kiosk which connects directly to their online store. To adapt to the millennial consumers who now represent most shoppers a fully functional website with online store was established a few years ago with ordering a delivery capability. The database has grown to over 6,000 registered users a great marketing platform.
With a recent renovation the owners were also granted permission to place a much larger sign on the storefront. The new sign can now be seen well by drivers travelling in both directions. The business has one full time general manager, two salespeople and a fleet of three trucks with assembly crews for deliveries. This is an ideal opportunity for a strategic buyer looking to expand into a lucrative market.

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Property Features and Assets:

Store with a Separate Warehouse

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.

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