Furniture Mattress Store plus ecommerce site

San Antonio, TX (Bexar County)

Seller Financing Available
Furniture Mattress Store plus ecommerce site
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Asking Price: $920,000

Cash Flow: $350,000

Gross Revenue: $3,832,000

EBITDA: $350,000

FF&E: $50,000

Inventory: $500,000

Real Estate: $3,500,000*

Established: 2015

*not included in asking price.

Furniture Mattress Store plus ecommerce site

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Business Description

Successful Furniture Store with ECommerce and Building

Furniture Now is the highest rated furniture store in our market with two San Antonio locations supported by an active E-commerce website. Both locations have highway visibility offering Living Rooms, Bedrooms, Dining Rooms, Kids Furniture and Serta Mattresses. We own our #1 location which is a 33,000 square foot building and is included in this sale. We have a great group of dedicated managers, professional salespeople and warehouse crew. We currently are the number one rated Furniture Store on Yelp with thousands of visitors on our website each month who ultimately either buy online or in our stores. San Antonio is a growing market with lots of new home construction supported by the Military, Medical, Corporate and the tourism market.

Detailed Information

Location:
San Antonio, TX
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
33,000
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Our #1 Location is a 33,000 square foot building while our #2 location is leased. The 2nd location is being advertised as "moving out" since we put in notice that we will be out by the end of 2019 and is not part of this sale unless buyer wants.. Both Stores have highway visibility. Our Website receives between 7K to 10K unique visitors per month with Ecommerce Trade and is absolutely the driver of business into the store when customers come in to complete their sale. Included also is all inventory and two vehicles.
Competition:
San Antonio is a growing market supported by a continuous influx of people from the Military, Medical Field and the Tourism Industry. Our Competition is mainly from larger chain stores but can't deliver as fast as we can because our warehouse local. Our Internet pricing gives us a great competitive Advantage and our Website presents the customer the ability to buy online and have a local store to go to for service.
Growth & Expansion:
There is a large growth potential either through the addition of locations within our market or in cities within close proximity of us. Our Website is extremely active and also brings a tremendous growth opportunity for online sales.
Support & Training:
Current Owner will agree to stay on and train for an agreed period of time.
Reason for Selling:
Family
Business Website:
http://www.FurnitureNow.com
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Business Listed By:
Steve Coben

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