Third Generation Furniture Store With Loyal Client

Business Overview:

Located in Houston, TX, with $400k revenue, this third-generation furniture store, established in 1995 and located in a vibrant area of Houston, presents a unique opportunity for a new owner to capitalize on its strong foundation and growth potential. The business features a spacious two-story showroom and operates with a lean staffing model, utilizing 1099 independent contractors for delivery. The current owner, who has successfully managed operations, is prepared to offer four weeks of training to ensure a smooth transition and implement strategies for increased sales.

With the shopping center undergoing renovations, the new owner will benefit from an enhanced appearance that is likely to attract more customers. The store has a solid customer base within the Spanish-speaking community, with heavy cash transactions and established financing options for purchases. There is significant room for growth by hiring additional sales staff and expanding inventory to include cash-and-carry items like mattresses. This streamlined and profitable business is well-positioned for an ambitious owner looking to drive further success

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Property Features and Assets:

Established in 1995, this furniture store has been a staple in the area of Houston for nearly three decades. Founded in a well-established community, the business has been passed down through three generations, with the current owner managing day-to-day operations. Over the years, the store has cultivated a strong customer base, particularly within the Spanish-speaking community, leading to significant cash sales and a loyal clientele.
Key milestones include the establishment of finance programs to facilitate purchases. The business has consistently adapted to market demands, maintaining a streamlined operation with delivery staff classified as 1099 contractors and managing inventory directly from manufacturers, thereby minimizing overhead.

Market Competition and Expansion:

This furniture store presents a unique opportunity for potential buyers with several key strengths and competitive advantages. Located in a busy area of Houston, the store benefits from high foot traffic due to its strategic position and is poised for growth, especially with the ongoing renovations in the shopping center that will enhance its appearance.
The business has a strong foundation with a history dating back to 1995, demonstrating stability and continuity in operations. The current owner, a third-generation operator, brings invaluable experience and a deep understanding of the market. He is committed to ensuring a smooth transition by offering four weeks of training to the new owner, equipping them with the necessary knowledge to implement changes that can drive increased sales.
One of the standout features of this business is its established customer base, particularly within the Spanish-speaking community, which has resulted in significant cash sales. This demographic focus presents a unique selling point, allowing for targeted marketing and customer engagement strategies.

This furniture store presents significant potential, particularly given its strategic location in the bustling area of Houston. With ongoing renovations in the shopping center, a new owner will benefit from an enhanced appearance that can attract more customers with an option to reduce rent expense by permanently relocating to the smaller space to increase profitability.

Reason for Selling:

Other interests. Kindly ask the seller for more information.

Additional Details:

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