Growing, Profitable Furniture Store
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $1466477
Net Profit / Cash Flow $86695
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1987
Number of Employees 10 - 19
Inventory 185213
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 8 weeks / $0 cost
Reason for Sale Owner wants to retire
Description Highly profitable, growing consignment furniture and gifts decor store located in an affluent north Dallas shopping center. Owner is looking at retiring after establishing and building this business for 25 years! Willing to help train and educate a new owner(s) in the business for a negotiable period. Loyal, dedicated customer base with new marketing opportunities on the internet and through local business marketing. Staff is long tenured with a good manager in place willing to stay for a new owner.
14,800 sq ft leased facility located in a retail shopping center in north Dallas. Also leases a 1,500 sq ft warehouse space that is separate for the retail stores. Retail store lease expires in early 2013.
No competition for consignment upscale furniture, lamps, mirrors and paintings. Competition for new inventory comes from specialty, interior decorators and department stores located in approximated vicinity.
Continued revenue growth through expanded internet presence and marketing, increased local business and community marketing (newspaper, radio, TV).
Asking price: $300,000. Call or email Thomas Foster at 214.751.3924 for more information about this listing.
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