Home Furnishing Store for Sale

Not Disclosed, CA
San Bernardino County

Southern California

Asking Price: Annual Revenue:
$4,180,000 $2,898,532

Retail: Home Furniture & Furnishings

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RE: Home Furnishing Store for Sale Broker: Steve Pereira
License #: DRE#01963296

Quick Facts

Asking Price: $4,180,000
Annual Revenue: $2,898,532
Net Profit: Not Disclosed
Cash Flow: $734,680
Total Debt: Not Disclosed
FF&E: $186,344
Real Estate: $3,100,000
Year Established: 1984
Employees: 12
BBN Listing #: 60274955
Broker Reference #: 7204-17366

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Business Overview:

The owners founded the business in the 1980’s and started out in a leased space just under 1,000 square feet to specialize in the residential remodeling and interior design industries. As the business grew, the owners began to offer retail furniture product lines to customers too. Shortly after, they were able to lease adjacent commercial space and expand to approximately 2,000 square feet and bring in even more product lines.

Eventually, the business outgrew their total leased space, so in 2002, the owners decided to purchase a former auto dealership, located in a nearby free-standing building, that also included the real estate, and after extensive remodeling the facility, it is where the business is located today.

Currently, the business offers retail home furnishings of internationally known, top-brand name products for residences, including premier indoor furniture for all rooms, outside patio furniture, bedroom mattresses, shutters and blinds for window and door treatments, hardwood, carpet, and vinyl flooring, attached as well as free standing lighting fixtures, and much more for any home and every season.

The business has 12 employees, both full-time and part-time, employed on average for over 10+ years, several of whom are licensed design professionals that help shoppers with their custom order needs. All employees are provided hospitalization and pension plans and the business also backs all manufacturer’s warranties with free labor for three years.

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Property Features and Assets:

The facility and it’s surrounding paved areas occupy approximately 1 of the 2.15-acres, cite zoned C-2 General Commercial, in a very popular resort area of Southern California. The building is approximately 16,000 sq. ft., over 12,000 square feet of which is conditioned space on the first floor and a second-floor area that includes administrative offices as well as additional storage space. The paved parking lots include approximately 70 parking spaces, as well as a secured fenced in area behind the building where several product storage containers are used to store product as well as custom orders that are in-process or pending delivery. Assets = $3,963,142

Market Competition and Expansion:

Several smaller home furnishing retailers in the community, however none offer as wide a variety of products. Integrating and improving the visiting customer's experience on their website and in-house with not only the available in-house inventory, but include custom order and major brand website interaction to increase sales.

Reason for Selling:

Owner wants to retire.

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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