| Asking Price |
$525,000 | Inventory |
$175,000** |
|---|---|---|---|
| Gross Income |
$350,000 | Real Estate |
|
| Cash Flow |
$105,000 | Year Established | 2007 |
| FF&E |
$40,000* | Employees | 5 |
* included in the asking price
** not included in the asking price
The Company offers a broad range of upscale styles and price points in traditional to contemporary decor. Full scale interior design services from a certified professional are available in either the residential or commercial office markets- these services are not readily available from a "one stop shop" retailer in the Greater Williamsburg market area. Also, the broadest range of furniture lines and accessories available in the area make this company the clear market leader in upscale furnishings.
Facilities: Absolutely state of the art showroom of 5,000 SF located in upscale retail area of new (2years old) section of historic Williamsburg, Va. "Newtown" as it is known, represents the relatively new concept of Mixed Use Development, including Residential, Retail Stores and Restaurants, Offices, and Commercial. Plenty of free parking available- business is on 10 year lease with somewhat flexible and negotiable percentage of sales rent.
Competition: There are two other retail furniture facilities in the greater Williamsburg area, though none that provide the full scope that includes professional design services for both home and office furnishings and atmospheres. Also, the business is located in the premiere area for upscale shopping.
Growth/Expansion: The major area for expansion for the business is in the office arena which has already begun to take place. Residential home building has been exploding also in Williamburg, and new and upscale furnishings continue to grow substantially in demand.The company is in great position to capitalize on this.
Financing: seller will consider some financing for qualified buyer
Support/Training: Seller, who is also a Certified Interior Designer, will provide all necessary training, and is willing to stay on in one of a number of professional capacities. Also negotiable.
Reason Selling: Owner's health and personal issues.

George Norman
757-220-9500
Prudential Towne Realty
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