Highly Profitable Rustic Furniture Store in Humble

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$645,000 $1,303,322

Retail: Home Furniture & Furnishings

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RE: Highly Profitable Rustic Furniture Store in Humble Broker: Katie Holditch

Quick Facts

Asking Price: $645,000
Annual Revenue: $1,303,322
Net Profit: Not Disclosed
Cash Flow: $285,789
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 4
BBN Listing #: 295944107
Broker Reference #: 76931-831336

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Business Overview:

Rustic Furniture Store with $1.3 mil in Sales, Humble, TX

**2021 SDE was over $285,000**
*2021 Sales were OVER $1.3 Mil*


In business since 2012, this rustic furniture store consistently has sales well over $1 million and has only become more profitable over the last three years. The current owners pay themselves approximately $200,000 a year, and there are significant add-backs and owner benefits that bring the SDE close to $275,000 per year. The business’ main location is in the Humble area with a satellite location that was opened in October 2020 in the Alvin area. Until 2020, the satellite location was in Baytown.
The lease at the satellite store is up in October 2022, so any buyer could decide to renew there or consolidate the business at the original store. Profitability has increased over the last 2 to 3 years due to the current owners finding a new, much lower priced wholesale provider, and rent has decreased in the last couple of years as well. The owner negotiated a lower rate at the Humble store, and they currently pay just over $6,000 a month for over 10,000 ft.². Currently, the sellers both work in an owner/operator capacity, but any new buyer could hire a full-time general manager at $100,000 a year and still have a SDE of over $150,000.
With the current real-estate market and influx of people moving to Texas, the need and desire for furniture, especially this popular rustic style, is only expanding. As you will see in the financials, there are many owner benefits. The current owner runs their health insurance, cell phones, fuel costs and other vehicle costs through the business legitimately. Any potential buyer would step into a highly profitable turnkey operation.

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Property Features and Assets:

As stated, historically, this furniture store has been very successful with high revenue and SDE numbers, even through the pandemic. The wonderful news is that with rent and inventory costs coming down, the profitability has gone way up. Any buyer would be able to step into the operation and use the same wholesale suppliers. People are always going to need furniture, so even with dips in the economy, the furniture industry remains steady.

Market Competition and Expansion:

Any buyer could invest in more money in advertising—social media and Google Ads—t0 obtain the lion’s share of rustic furniture business in the area, which they already have truthfully! There is no other similar store nearby with such a vast selection of inventory. The store is currently open for eight hours, six days a week, but hours could be extended if the buyer is interested in growth. The store is currently closed on Sundays, but weekends are a prime time for families to go out shopping for furniture. Opening on Sundays could add a significant amount to the current sales. Deliveries would not need to be made on a Sunday but opening from noon until 5:00 or 6:00 PM would open the door for a growth in sales.

Reason for Selling:

Other opportunity.

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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