Well Established Furniture Store for Sale (32 Year
• This well-established furniture store is now for sale with 30+ years in the same high traffic location.
• The current owner has developed a loyal and growing customer base by specializing in the sale of new custom upholstered furniture.
• Currently, selling four major furniture manufacturers with five-year warranties on their furniture.
• Exclusive sales agreement with one of the major manufacturers who offers one-of-a-kind furniture.
• Over 2,000+ fabrics for every item shown in showroom. All furniture is made in the U.S.A.
• No need to inventory back stock in a warehouse or worry about inventory going stale or out of date.
• No need for delivery vans or delivery personnel.
• Delivery is outsourced to a long-established very reliable, customer-oriented delivery service who receives the furniture and schedules the delivery to customers.
• This White Glove delivery service allows for sales/delivery to remote or distanced locations along the east coast. Years of great working relationship with this delivery service.
• Low cash on hand needed operationally — pay manufactures for products with customer’s order deposit.
• Collect customer payments just prior to delivery.
• Ideal for an absentee owner.
• Current owner works 2 days a week, but could handle bookkeeping, check writing, etc. in half day.
• Ideal for family life. Operating hours – 10 am to 6 p.m.
• Store Manager with 44 years furniture retail business experience will stay on if needed.
Financials (USD)
Asking Price $499,000
Cash Flow $150,000
Sales $745,923
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? Yes
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
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