Well Established Furniture Store for Sale (32 Years in Business)
Business Description
• 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• No need to inventory back stock in a warehouse or worry about inventory going stale or out of date.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.
• 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• No need to inventory back stock in a warehouse or worry about inventory going stale or out of date.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.
About the Business
- Years in Operation
- 32
- Facilities & Assets
- • This furniture store occupies 5,000 S.F.+/- building and is located in a major commercial area.
• The store has plenty of display space without having to carry extra inventory that would be needed for a larger space.
• The business faces a major street artery with plentiful parking at the rear of the building with easy access. - Market Outlook / Competition
- • The company has occupied the current locations for many years and has loyal and repeat customers.
• Located on a major, high traffic street.
• Easily accessed from interstate highways and other well-traveled streets.
• Other high-end fabric and home furnishings retailers within 2 blocks draw more customer traffic.
• The market has other furniture stores; however, this company has created a profitable market niche that caters to customers looking for sofas and other furniture and accessories.
• The company features many products that are made in t - Opportunities for Growth
- • The company sees new growth and expansion opportunities with new product lines and is expanding new sales with easy-to-clean custom upholstered sofas and chairs.
• Business caters to existing and repeat customers and enjoys many customer referrals. No digital or e-commerce marketing/advertising is currently being used and present an avenue for growth.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,000
- Rent
- $5,200.00 per month
- Lease Expiration
- 12/31/2026
About the Sale
- Seller Motivation
- The Owner is retiring after a long and profitable career.
- Transition Support
- The Seller will train a new buyer during a predetermined transition period.
- Financing Options
- SBA and other financing options may be available.
Listing Info
- ID
- 2415245
- Listing Views
Listing ID: 2415245 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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