Strong Profit in Texas Metro Rug Showroom
Will Negotiate Price! This premier oriental rug gallery plus showroom offers exquisite selection of elegant and timeless designs with decorative items!
Two centralized locations are strategically positioned for visibility & client access! 6,417 is owned and optional. 5,100 SF store is leased. Located one of the major metros in southern Texas.
Also provides cleaning, restoration and appraisals, & stair runner installations.
The specialty furnishing store exhibits an extensive list of high-end inventory, 1-of-a-kind tapestries & curated interior furniture.
Over fifty years of business with an excellent social media following.
Experienced team of employees likely to remain post-sale & streamline operations after an assisted transitioning period.
2024 sales are stable with 2023 Revenues of $900,821 had Discretionary Earnings of $333,521 and EBITDA up to $262,766.
Historical revenues of $1.5 Million could easily be obtained with eCommerce efforts.
Looking for a corporate or industry buyer interested in strategic partnership!
Listing includes Equipment $602,000 and Inventory valued at $3 Million. Property marketed at $2 Million is available for additional purchase.
Financials (USD)
Asking Price Not Disclosed
Cash Flow $333,521
Sales $900,821
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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