Upscale Consignment Home Furniture & Décor

Scottsdale, AZ
Maricopa County


Asking Price: Annual Revenue:
$2,400,000 $4,439,747

Retail: Consignment, Pawn Shop, Thrift Stores


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RE: Upscale Consignment Home Furniture & Décor Broker: Dennis Hayes

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $4,439,747
Net Profit: Not Disclosed
Cash Flow: $606,617
Total Debt: Not Disclosed
FF&E: $46,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 15
BBN Listing #: 212430481
Broker Reference #: WCIC22982

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Business Overview:

This is a dream company for an interior designer or an HGTV addict. This exquisite furniture store has a revolving door of inventory, so it’s non-stop designing & creating beautiful vignettes to surprise & thrill the upscale clientele. Current owner/operator founded the business in 2012 with a vision of creating a one-of-a-kind destination shopping experience featuring upscale designer brand resale furnishings, antiquities and artwork all displayed in creative vignettes. Located in the heart of designer row in Scottsdale, the business has tripled in size of sophisticated showroom space. The business is well known for quality inventory and exemplary customer service. The unique business model provides a rare opportunity to own a furniture store without the high capital outlay typically required. Marketing & public relations has long been established & search engine optimization & ranking are excellent. The team is stable, loyal, and well positioned for long-term placement with the company. Competitors have dwindled over the past few years because of this company’s dominance in the local market. There is tremendous growth opportunity with business development efforts, opening on Sundays, and additional locations in the east or west valley. Customers often walk in and rave, “I absolutely love this store” and “I wish we had a shop like this in my hometown.

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Property Features and Assets:

Building size 30,000 Square Feet; Monthly rent $46,450; Seller reports a good relationship with landlord and anticipates no issue with an acquirer securing a new lease.

Market Competition and Expansion:

Commensurate with the expansion of the physical space, the sales revenue has grown 30- 40% in the last 2 years and 13% annually the preceding five years. The 10-year reputation of the business has created a strong and loyal network of local luxury realtors, developers, and designers who regularly partner with the business to sell their beautiful household items.

Reason for Selling:

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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