37473- East Texas Home Furnishing Consignment Store

Mid South

37473- East Texas Home Furnishing Consignment Store
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Asking Price: Get Financing: $285,000

Cash Flow: $88,000

Gross Revenue: $847,000

EBITDA: N/A

FF&E: $11,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 2003

37473- East Texas Home Furnishing Consignment Store

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Business Description

The company is a home furnishings specialist selling second-hand furniture and decorative accessories on a consignment basis. The primary products include furniture for all rooms in the house, rugs, accent pieces, lighting, and artwork. The company operates from a 7,000-square foot facility, which it leases from a third party. The facility includes a storefront, showroom, warehouse, office space and ample parking for customers and employees. Offering these products requires a facility with a large showroom to display inventory and knowledgeable personnel to assist customers. They have a proven track record, supported by its 15 years of ongoing operations. With its broad range of products, the company’s marketing efforts focus on targeting individuals in and around Tyler, Texas. Revenues have been increasing, over the past five years. Last year, total revenue was $847,000 with an SDE of $88,000.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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