Furniture Co. to Expand US Footprint

New York, NY

Asking Price: $800,000
Business For Sale Details
Listed on Dec 1, 2022

An Award Winning International Furniture And Life Style Brand Seeks Franchisees To Aggresivily Expand It’s U.S. And North American Footprint

Business Description:
Business is a 70 year old international Furniture Brand with over 300 locations worldwide and in over 60 countries.

The company is searching for new U.S and North American franchisee partners with the goal of at least doubling its U.S. store footprint over the next five years.

The franchisor is seeking to identify strong franchisee partners who can develop state size territories. Franchisees must have a multi-unit mindset and the financial capacity to invest in several stores in the agreed upon geographic territory.

The franchisee partner will become part of an exceptional turnkey franchise system with high customer loyalty and repeat add-on purchases.

The Franchisee / Partner Opportunity Offers:

· Low Investment / High EBITDA
· Stronger ROI than other franchise concepts
· A business model for franchisees that yields quick cash flow generation
· Comprehensive support for Franchisee partners
· A well known international brand
· An updated seasonal range of contemporary and modern furniture
· A franchise system that has been developed, proven and tweaked for success over 30 years

The company is initially targeting the New York Tri-State area, Illinois, Texas
and Arizona for new franchisee partner territories.

Historical Summary:
Business was established in 1952 and has been franchising since 1993. The company’s first U.S. store location was established in 2002.

There are currently 18 stores operating in various markets in the U.S.

Facilities:
Current stores are located in high-end malls and upscale store-front neighborhoods.

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Financials (USD)

Asking Price $800,000

Cash Flow $966,510

Sales $9,000,000

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? Yes

Management will stay? Yes

Relocatable? Yes

Real Estate? No

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