Established Home Furnishings Design Store

Portland, OR (Multnomah County)

Seller Financing Available
Established Home Furnishings Design Store
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Asking Price: $90,000

Cash Flow: $80,000

Gross Revenue: $500,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,850 /Month

Established: 1998

Established Home Furnishings Design Store

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Business Description

20 Year Established Prime Portland Home Furnishings Boutique

Sofa Table Chair was established in 1998 as a unique, locally owned Home Furnishings and Custom Interior Design Business. The owner is now retiring and a unique opportunity exists for a qualified Buyer. The Purchase Price is only $90,000 and includes the leased improved 2400 sq ft space, a 2400 lower level storage area, a prime location in the posh Irvington Neighborhood of Portland, Oregon, remaining inventory upon sale, customer data, website, name, fixtures and seller training.
The monthly rent is $3800 NNN, and the landlord was the original developer of the concept. Long Term lease is available.

Historical Sales have been $400,000 and $600,000 year over year throughout 2 decades.

Detailed Information

Location:
Portland, OR
Real Estate:
Leased
Building SF:
4,800
Lease Expiration:
12/31/2024
Employees:
2
Facilities:
The Sofa Table Chair Building is in the heart of NE Portland, with average home price sales of over $600,000 to $2,000,000. Home buyers flock to Sofa Table Chair for home furnishings, accessories, rugs, art and more.
Competition:
The market is excellent for a design oriented sales driven owner. The market includes home owners, buyers, designers, stagers and even higher end renters.
Growth & Expansion:
The Buyer will have excellent opportunities to grow the business through expansion of website design, increased social media marketing, direct mail, events and connecting with design professionals.
Financing:
Seller will finance with $50,000 down for a qualified buyer.
Support & Training:
Sofa Table Chair has exclusive vendor relationships form manufacturers and distributors nationwide and those relationships will become part of the Buyers resources. The Seller will train the new buyer how to order, sell, and more.
Reason for Selling:
Seller is Retiring after 20 years of great success.
Business Website:
http://www.sofatablechair.com
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Business Listed By:
TOD BRESLAU BROKER, PREMIERE PROPERTY GROUP

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