Profitable Home Décor Store

Not Disclosed, NH


Asking Price: Annual Revenue:
$795,000 $958,186

Retail: Home Furniture & Furnishings


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RE: Profitable Home Décor Store Broker: Ed Settino

Quick Facts

Asking Price: $795,000
Annual Revenue: $958,186
Net Profit: Not Disclosed
Cash Flow: $304,992
Total Debt: Not Disclosed
FF&E: $249,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 4341381
Broker Reference #: 217033

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Business Overview:

This solid, established and profitable niche specialty store has much to offer including impressive sales every year since opening in 2008! Sales during the covid-19 situation have now picked back after a brief shut down with phone-in and curbside pickup orders growing back to 2019 sales levels. Additionally, with people traveling less and putting more into their homes, the business is picking up large renovations projects as well as new construction projects. Customers are calling for in-store and on-site consulting appointments, all resulting in immediate and future orders. Service and expertise along with the store’s charming overall appeal keep customers coming back to purchase. About 45% of customers are repeat and the numbers keep growing. The owners have built a solid business with a substantial detailed customer database for advertising and marketing purposes. The business is well-established in the community and continues to add new customers through referrals. There is an exceptional opportunity for an owner/operator or partners to expand this business by joining networking groups in the community, strengthening relationships and expanding the customer base. The business is a small step away from being at the seven-figure level of sales and implementing these activities can propel sales to that level. The business has industry trade advantages that makes it profitable and at the same time able to offer competitive prices and compete with online stores and other limited retail stores. The store is in an ideal location in New Hampshire in a busy, vibrant, downtown area on a highly traveled road and offers plenty of parking. The store has recently been remodeled and upgraded and the overall effect is quite appealing. The store employees are well trained and have been with the company for several years. The building is owned and not leased which helps to reduce overhead expenses. The business including $249,000 of furniture, fixtures and equipment, supplies, client database, goodwill, transitional training to a new owner and access to industry trade advantages and incentive programs and +/- $275,000 worth of inventory are available for an offering price of $795,000. The real estate is also available at $399,000.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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