AUGUSTA, Georgia
| Asking Price |
$1,895,000 |
Year Established |
2006 |
|
| Annual Revenue |
$3,943,237 |
Reason for Selling |
Retirement planning as the seller approaches 80 |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$519,727 |
Listing Number |
1013552 |
|
| # of Employees |
15 |
Business Category |
Retail: Home Furniture & Furnishings |
|
Business Overview:
For 2 decades this company has operated from Greenville to Augusta and in Atlanta. Providing design services which leads to the sale of interior furnishings such as lighting, rugs, and custom furnishings. Their vertically integrated model manages the full client experience from consultation through procurement, delivery, and then installation. The business is supported by a team of approximately 15 employees including experienced designers, assistants, and logistics personnel. Operations are run out of two showroom locations totaling approximately 5,000+ square feet, complemented by warehouse facilities. The client base consists predominantly of affluent residential customers supported by repeat and referral business, along with occasional commercial projects. Ownership is actively involved in financial management, operations, design, and leadership. The seller is approaching retirement and has offered to stay with the business for 1 year 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 $1,895,000, 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:
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