Established Rug Showroom, Strong Profit in Texas Metro (17971)

Asking PriceNot Disclosed

Cash Flow
$333,521

EBITDA$262,766

Gross Revenue$900,821

Inventory$3,000,000
Included in asking price
FF&E$602,000
Included in asking price
Real Estate$2,000,000
Not included in asking price
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Established Rug Showroom, Strong Profit in Texas Metro (17971)


Asking PriceNot Disclosed

Cash Flow
$333,521

EBITDA$262,766

Gross Revenue$900,821

Inventory$3,000,000
Included in asking price
FF&E$602,000
Included in asking price
Real Estate$2,000,000
Not included in asking price

Seller Financing Available
Business Description
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!
About the Business
Years in Operation
51
Employees
8
Facilities & Assets
Property is available for additional purchase.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
5,100
About the Sale
Seller Motivation
Approaching retirement and/or pursuing other interests.
Transition Support
Team likely to remain post-sale to streamline operations after an assisted transitioning period
Financing Options
Standard SBA-term financing will be negotiable for qualified buyers.
Listing Info
ID
2309323
Listing Views
365

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