CHATTANOOGA, Tennessee
| Asking Price |
$253,500 |
Year Established |
2014 |
|
| Annual Revenue |
$784,462 |
Reason for Selling |
Owner is pursuing other ventures |
|
| Annual P/L |
$96,578 |
Attention |
Wesley Hill |
|
| Annual Cash Flow |
$0 |
Listing Number |
1005107 |
|
| # of Employees |
7 |
Business Category |
Retail: Home Furniture & Furnishings |
|
Business Overview:
An established furniture retail store offering a broad selection of home furniture, decor, and interior design services. The business has built a strong reputation for competitive pricing, attentive customer service, and a diverse product mix that appeals to a wide range of styles and preferences. Customers value the knowledgeable sales approach and the ability to find coordinated furnishings and decor in one location.
The store operates from a well-presented showroom featuring an extensive variety of furniture and home decor options. Operations are established, simple, and transferable. Making this a great opportunity for an owner-operator or strategic buyer seeking to acquire a reputable furniture retail business in a stable and active local market.
Property Features and Assets:
<p>Non-Included Inventory: $171,000</p><p>Lease Info:</p><ul><li>Square Feet: 4,500</li><li>Total Rent: $5,000 - Utilities Included</li><li>Lease Expiration: 3 Years</li><li>Lease Options: 2 (5-Year Option)</li><li>Build Out Cost: $150,000</li></ul>
Market Competition and Expansion:
<p>The business operates in a competitive but healthy furniture and home decor market with steady consumer demand. The market supports multiple operators, and customer purchasing decisions are often driven by service quality, product selection, and design support rather than price alone.<br></p><p>Growth opportunities include expanding to e-commerce and introducing financing to increase conversion rates and sale size.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity