NOT DISCLOSED, New Jersey
| Asking Price |
$669,000 |
Year Established |
1993 |
|
| Annual Revenue |
$2,004,765 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Kevin Laguardia |
|
| Annual Cash Flow |
$235,573 |
Listing Number |
995968 |
|
| # of Employees |
6 |
Business Category |
Retail: Home Furniture & Furnishings |
|
Business Overview:
Discover an exceptional opportunity to own a high-quality,well-established store in Northern NJ, now available at an unbeatable new price!This thriving business has produced an average cash flow of $250k over the last several years. Don’t miss out on this incredible deal—invest in success today! Owner financing available - 20% of the sale price.
Key Offerings:
· Furniture for home and office
· Floor coverings
· Lighting and décor
· Custom woodwork and interior design services
· Small gifts and seasonal décor items driving foot traffic
An established online presence, coupled with an experienced staff, serves primarily residential and some commercial customers across the tri-state area. Loyal customers return for the quality and consistency of products and services. A robust website provides online browsing for larger pieces and online shopping for décor and gift items.
Financial Highlights:
· Consistently generates over $1.8 million in revenue annually
· 7000 sq ft showroom with dedicated interior design space
· 2025 sq ft nearby warehouse for receiving and fulfilling orders
· Over $400k in assets, including showroom inventory, store/warehouse furniture and fixtures, and delivery vehicles
The current owners, in place for 16 years, are ready to retire. This presents a perfect opportunity for a new owner-operator or business owners seeking expansion or diversification for an existing company.
Property Features and Assets:
<p>Retail space of 7,000 sq ft showroom. Warehouse of 2,025 sq ft nearby.<br></p><p>Assets = $247,123</p>
Market Competition and Expansion:
<p>There are very few privately owned stores which provide the quality and level of services offered.<br></p><p>The opportunity presents an outstanding opportunity for growth and profitability, thanks to its strategic location, loyal customer base, and potential for expanding marketing and online presence. <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