GREENVILLE, South Carolina
| Asking Price |
$1,900,000 |
Year Established |
2006 |
|
| Annual Revenue |
$3,943,237 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$492,777 |
Listing Number |
1012285 |
|
| # of Employees |
15 |
Business Category |
Retail: Home Furniture & Furnishings |
|
Business Overview:
This established interior design and home furnishings company has been in operations for 20 years and has built a strong reputation for delivering high-end residential interiors. Their vertically integrated model manages the full client experience from consultation through procurement, delivery, and installation. Based in two Southeastern U.S. markets with an additional revenue stream supported by a remote designer network, the business primarily serves its local and regional areas while also completing projects nationally through strong client relationships. The company provides interior design services alongside the sale of furniture, lighting, rugs, and custom furnishings, including in-house upholstery and installation, with a client base focused predominantly on affluent residential customers supported by repeat and referral business, along with occasional commercial projects. Operations are run out of two showroom locations totaling approximately 5,000+ square feet, complemented by warehouse facilities, and supported by a team of approximately 15 employees including experienced designers, assistants, and logistics personnel. Ownership is actively involved in financial management, operations, design leadership, and brand oversight, ensuring consistent execution. The seller is approaching retirement and has offered to stay with the business for 6 months to 1 year as to transition the new owner into their role. Additionally, the seller has offered to carry 15% of the purchase price as a vested interest in the continued success of the business moving forward. Priced at $1,900,000 this business is primed and ready for a new owner to step in and continue with operations that have been built over the past 2 decades. Growth opportunities have been identified through expansion of e-commerce capabilities, increased digital marketing, and development of independent designer partnerships.
Property Features and Assets:
Market Competition and Expansion:
<p>Growth Opportunities: Expanding e-commerce capabilities, increasing digital marketing efforts, and building a network of independent designers<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