Established Furniture Store, Retail-299K

Dallas, TX (Dallas County)

Pic 1
Contact Seller

Asking Price: $299,000

Cash Flow: $139,735

Gross Revenue: $1,154,150

EBITDA: N/A

FF&E: $84,500

Inventory: $170,000

Rent: $10,500 /Month

Established: 2007

Established Furniture Store, Retail-299K

Save Print Share Valuation Report

Business Description

Furniture store with established clients in a large retail shopping center.

Furniture Store, Retail, North Texas suburbs, close to I-35. This store sells a mix of Rustic, Traditional and Contemporary furniture. It offers a complete compliment of furniture and accessories such as:

Living Room Bedroom Bar Stool
Pub Tables Sectionals Bar Tables
Quality Mattress Bedding Bunk Beds
Unfinished Motion Sofas Formal Dining Room
Reclining TV Stands Wall Units
Theater Seating Rugs Art
More

The owner started the business over 10 years ago. He has an exceptional well trained long term staff in place, excellent trade accounts and numerous quality & reliable suppliers.
The 25,000 S.F. facility offers ample room for the furniture showroom, warehouse/prepping area and receiving/delivery area. This business is completely computerized including the inventory. The business also offers custom finishes on certain items so as to meet customer needs and requests. With their large customer base and solid reputation they continue to attract new customers plus repeat business. The marketing focus while minimal, has been in their immediate market area. The opportunity to grow this business through social media, etc. is awesome. While the businesses gross margins are excellent, his pricing is low to moderate providing his customers with fair pricing on excellent quality furniture and accessories. Including in the purchase price is $84,500 in FFE which includes three (3) trucks for delivery and touch-up plus inventory of $180,000 @ cost.
Don’t wait on this opportunity, call us discuss the opportunity. We look forward to speaking with you, meeting with you and arranging a buyer/seller meeting. We are here to help.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
25,000
Lease Expiration:
N/A
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
25,000 S.F., showroom, receiving, refinishing, warehouse, office. Space is leased at $10,000 a month.
Competition:
Average for this area
Growth & Expansion:
Owner is semi absentee and is experiencing poor health and would like to retire. A new hands on owner should be able to re-energize & quickly grow this business. The marketing program, the social media program all need to be addressed. This alone should cause business to experience rapid growth.
Support & Training:
Seller or general manager will provide 3-4 weeks of hands on training as needed as well as an additional support of 3-4 weeks via phone, text, email or on site as needed.
Reason for Selling:
Declining health/retiring
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Michael Saunders

Business Listed By:
Michael Saunders

Lesdon & Associates

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1508564 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Footprints Floor

Franchise Opportunity In TX
Capital Required: $62,500