Quality 1-Of-A-Kind Furniture & Accessory

Tucson, AZ (Pima County)
Asking Price: $450,000
Business For Sale Details
Listed on Nov 18, 2023

This unique furniture and furnishings store includes three revenue streams encompassing a popular destination in Arizona. Located south of Tucson, the company is a profitable retailer of imported unique furniture, lighting fixtures, area rugs, and other accessories. Primary products consist of one-of-a-kind pieces such as sofas, beds, chairs, tables, other furniture, mirrors, plants, and more. In addition to retail products, services such as window treatments, interior design, and specimen trees are also offered. An in-house interior designer is contracted and likely to remain post-sale. Furniture and accessory sales comprises approximately 75% of revenues, other services make up approximately 15% of sales. This is a great opportunity for lifestyle buyer as it sits in an area rich in historical culture and art, with plenty of recreational activities to entertain the family. Well-located retail location stands in a popular shopping center, totaling 1,800 square feet. This location provides plenty of visibility for foot traffic from local residents and visitors shopping for unique furniture and household items. As the community expands with new neighborhood developments, targeting affluent new residents offers a great opportunity for this business. The owners currently provide sales support, inventory management, purchasing, and general oversight. Growth opportunities include expanded product offerings, additional staff, marketing, and e-commerce. The company has a proven track record of being able to stay ahead of market trends, new products, and changing trends in the types of household furniture and brands gaining popularity in the marketplace. With its wide range of products, the marketing efforts focus on targeting repeating business utilizing direct sales, social media, and email marketing. Sales forecast for 2023 look steady with the 2022 revenues of $325,000 providing profits of $60,000.
Listing includes Equipment of $60,080 and Inventory valued from $150K to $175K.

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Financials (USD)

Asking Price $450,000

Cash Flow $60,000

Sales $325,000

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Yes

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

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