Profitable and Highly Regarded Retail Furniture Store

Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$73,031
Included in asking price
FF&ENot Disclosed

Real Estate$1,125,000
Not included in asking price
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Profitable and Highly Regarded Retail Furniture Store


Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$73,031
Included in asking price
FF&ENot Disclosed

Real Estate$1,125,000
Not included in asking price
Business Description
STEP INTO A PROVEN PROFIT-GENERATING FURNITURE RETAIL OPERATION

You'll acquire immediate access to decades of established customer relationships and community trust that translates directly into consistent revenue streams. This multi-generational furniture store delivers exceptional returns through its unique competitive advantage: in-house financing that captures customers big box retailers cannot serve.

Your investment secures a dominant market position in Tappahannock, VA's retail hub, where you'll benefit from serving a large rural customer base with limited competition. The business generates profits by solving a critical problem - providing furniture and appliances to middle and lower-income families who need flexible payment options.

IMMEDIATE REVENUE ADVANTAGES:
• Established financing receivables included in purchase price provide immediate cash flow
• Loyal multi-year customer base ensures predictable repeat business
• Premium location drives consistent foot traffic and brand visibility
• Proven business model that has successfully competed against major retailers

YOUR GROWTH OPPORTUNITIES:
• Expand financing terms and customer base in underserved rural markets
• Leverage established reputation to introduce complementary product lines
• Build on existing delivery services to capture larger market share
• Benefit from owners' community connections and referral networks

You'll inherit a turnkey operation with systems proven over multiple generations, eliminating startup risks while positioning you as the go-to furniture source for an entire region. The retiring family's commitment to smooth transition and continued community presence ensures you'll maintain customer loyalty from day one.

This represents a rare opportunity to own a recession-resistant business serving essential needs in a market with high barriers to entry.
About the Business
Years in Operation
77
Employees
12 Full-time
Currently Relocatable
Yes
Facilities & Assets
Retail Furniture Company is a C-Corporation which has been in business for 76 years. Assets included in the sale include the financing Accounts Receivable and Inventory. The Company's real estate is for sale in a separate transaction. Real estate is not included in the listed sale price. There are two parcels of commercial real estate located on the main street in the heart of the town. One building contains the retail store with an upstairs warehouse. The other building could also be available for warehouse space or leased. A parking lot is included.
Market Outlook / Competition
The retail furniture business is highly competitive with several big box and local furniture store competitors. The key area where this Company has a competitive advantage is their strong community reputation combined with excellent customer service and reasonable financing terms to their clientele who may not otherwise have access to large amounts of credit availability. By having the long term relationships with their customers and understanding the community extremely well, the owners have carved out a very attractive business model over many years.
Opportunities for Growth
The new owner of this business would have access to significant upside opportunity through modernization of the commercial real estate facility, improvement and upgrade in inventory control and tracking, improvement in marketing and online advertising, and expansion of the geographic and local customer base.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Three generation furniture retail business. Passing of the 2nd generation Owner.
Transition Support
The current family member/President will provide transition services as needed by the new owner. Several of the key management members have worked for the Company for many years and would be an excellent source of providing operating insight to the new owner.
Listing Info
ID
2442601
Listing Views
238

Contact Seller

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Business Listed by: Wayne Bullis Rich-Biz Brokers & Advisors, LLC

Listing ID: 2442601 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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