Third Generation Furniture Store with Loyal Clientele
Business Description
Located in Houston, TX, with $400k revenue, this third-generation furniture store, established in 1995 and located in a vibrant area of Houston, presents a unique opportunity for a new owner to capitalize on its strong foundation and growth potential. The business features a spacious two-story showroom and operates with a lean staffing model, utilizing 1099 independent contractors for delivery. The current owner, who has successfully managed operations, is prepared to offer four weeks of training to ensure a smooth transition and implement strategies for increased sales.
With the shopping center undergoing renovations, the new owner will benefit from an enhanced appearance that is likely to attract more customers. The store has a solid customer base within the Spanish-speaking community, with heavy cash transactions and established financing options for purchases. There is significant room for growth by hiring additional sales staff and expanding inventory to include cash-and-carry items like mattresses. This streamlined and profitable business is well-positioned for an ambitious owner looking to drive further success.
With the shopping center undergoing renovations, the new owner will benefit from an enhanced appearance that is likely to attract more customers. The store has a solid customer base within the Spanish-speaking community, with heavy cash transactions and established financing options for purchases. There is significant room for growth by hiring additional sales staff and expanding inventory to include cash-and-carry items like mattresses. This streamlined and profitable business is well-positioned for an ambitious owner looking to drive further success.
About the Business
- Years in Operation
- 27
- Employees
- 1 (1 Full-time)
- Facilities & Assets
- Established in 1995, this furniture store has been a staple in the area of Houston for nearly three decades. Founded in a well-established community, the business has been passed down through three generations, with the current owner managing day-to-day operations. Over the years, the store has cultivated a strong customer base, particularly within the Spanish-speaking community, leading to significant cash sales and a loyal clientele.
- Market Outlook / Competition
- This furniture store presents a unique opportunity for potential buyers with several key strengths and competitive advantages. Located in a busy area of Houston, the store benefits from high foot traffic due to its strategic position and is poised for growth, especially with the ongoing renovations in the shopping center that will enhance its appearance.
The business has a strong foundation with a history dating back to 1995, demonstrating stability and continuity in operations. - Opportunities for Growth
- This furniture store presents significant potential, particularly given its strategic location in the bustling area of Houston. With ongoing renovations in the shopping center, a new owner will benefit from an enhanced appearance that can attract more customers with an option to reduce rent expense by permanently relocating to the smaller space to increase profitability.Currently, the business operates with a streamlined model, relying on direct shipments from manufacturers, which minimizes inventory management.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,620
- Rent
- $7,931.00 per month
About the Sale
- Seller Motivation
- Other interests
- Transition Support
- 4 Weeks
Listing Info
- ID
- 2449493
- Listing Views
- 36
Listing ID: 2449493 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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