Multi Location Unique Furniture Store w/ $2.4M RE

Not Disclosed, FL
St. Johns County

Asking Price: Annual Revenue:
$4,500,000 $4,756,276

Manufacturing: Furniture, Fixtures Manufacturing

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RE: Multi Location Unique Furniture Store w/ $2.4M RE Broker: John Geiwitz

Quick Facts

Asking Price: $4,500,000
Annual Revenue: $4,756,276
Net Profit: Not Disclosed
Cash Flow: $1,163,955
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: $2,400,000
Year Established: 2003
Employees: 15
BBN Listing #: 426118747
Broker Reference #: 7101337839

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Business Overview:

Don’t miss your opportunity to own this Growing & unique furniture business specializing in premium & custom hardwood teak & tiger wood indoor & outdoor furniture with 4 locations and incredible real estate & locations established for nearly 20 years. With amazing one-of-a-kind furniture hand-selected from around the globe, this multi-location furniture and accessory group of stores offers unique coastal contemporary items that can’t be found anywhere else. 2022 sales on track to exceed $4.8M with a net of > $1.2M even with 35% price increases to customers and a new $50 delivery fee! Great staff in place, exclusive arrangements with manufactures throughout the world, $400,000 of inventory included, Real Estate valued at $2.4M included, great books & records, SBA pre-approved and double-digit growth year over year make this an incredible opportunity. 2022 sales are up 21% over 2021 with no sign of slowing down. SBA pre-approved with 25-year amortization Email today for an NDA! Please refer to listing #7101 Agent John Geiwitz when inquiring about this listing. Thank you!

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Property Features and Assets:

Free Standing.

Reason for Selling:

Semi Retirement.

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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