Home Furnishings - 2 Locations

Not Disclosed, NJ

Asking Price: Annual Revenue:
$1,999,000 $3,854,234

Retail: Home Furniture & Furnishings

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RE: Home Furnishings - 2 Locations Broker: Russell Miller
Owner Financing is Available!
$257,300 down/$100,000 for 60 mos. @ 8%/ Other Financing.

Quick Facts

Asking Price: $1,999,000
Annual Revenue: $3,854,234
Net Profit: Not Disclosed
Cash Flow: $417,217
Total Debt: Not Disclosed
FF&E: $213,710
Real Estate: Not Disclosed
Year Established: 2007
Employees: 23
BBN Listing #: 92904955
Broker Reference #: 3401-15041

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Business Overview:

2 locations.... Low Down Payment!

Established Home Furnishings and Gifts store with significant cash flow in upscale community now available!

This business started our over a decade ago as a small craft and gift gallery and has grown into a multi Million $$ business and NJ's premier independent gift and home furnishings destination. Blossoming from a small retail space to a mega 18,000 square feet destination retailer at 2 locations!

They now serve customers throughout the state and across state lines. Walk in and you will find unique furniture, gifts and first-in-class customer service. All within a warm, inviting and sophisticated environment catering to an upscale market at affordable prices!

There is something for everyone keeping the 100,000 + loyal customers in the business database coming back again and again throughout the year and telling their friends or bringing them in!

This nearly $4MM multi-unit retail operation is looking for a new owner operator or business owner looking for an expansion or diversification opportunity for existing company.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Two locations! 10,000 square feet downtown retail space and an additional 8,000 square feet retail store and warehouse. Assets=$690,059

Market Competition and Expansion:

The company relies on social media only. There is something for everyone keeping their 100,000+ loyal customers coming back again and again year in and year out. Little advertising is necessary because customers spread the word and bring in friends and relatives to this gem of a store. Tremendous growth opportunity for this established brand grow through additonal marketing opening more locations sell their products on line!

Reason for Selling:

The owners are looking for a new venture!

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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