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Asking Price: $1,200,000

Furniture Store (Community Favorite)

Not Disclosed, WA
Thurston County

This business is a multiple decade old furniture company with a retail storefront serving the capital city of Washington, Olympia. Olympia, with a city limit population of approximately 56,000 people is Washington’s twenty-fourth largest city. The population in the community has grown by over 15% since the last census in 2010. A community comprised of almost 25,000 households with an average size of 2.21 individuals, Olympia, is a perfect environment for selling furniture for the kitchen, family room, or bedrooms given the strong stability in the income of the local workforce, which has government and healthcare as major employers. The average household income in the area, which is home to many married couples and families, is approximately $63,000 annually.Featuring a business model that has products for a broad spectrum of customers seeking quality and value, the company merchandises its retail space with a mix of furniture designed to provide options for every level and interior design taste of buyers seeking furniture in the market. The showroom is designed to feature furniture for the living room, family room, dining room, bedroom, and home office.The staff of the business consists of six to eight full & part-time individuals including a store manager and assistant manager. Current ownership provides executive oversight and administrative support for the business, but is not involved in day-to-day store operations.

Cash Flow $800,000
Revenue $2,250,000
$ Owner Financing Available

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