Furniture Now- San Antonio's #1 rated store!

San Antonio, TX (Bexar County)

Seller Financing Available
San Antonio's #1 Rated Furniture Store
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Asking Price: $396,893

Cash Flow: $300,000

Gross Revenue: $3,400,000

EBITDA: $300,000

FF&E: $35,000

Inventory: $80,000

Rent: $20,427.50 /Month

Established: 2015

Furniture Now- San Antonio's #1 rated store!

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Business Description

San Antonio's #1 Rated Furniture Store

Furniture Now (FurnitureNow.com) is the highest rated furniture store in San Antonio supported by an active E-commerce website. https://threebestrated.com/furniture-stores-in-san-antonio-tx

We are a full service furniture store offering Living Rooms, Bedrooms, Dining Rooms, Kids Furniture and Mattresses. 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. Being that we have decided to sell our family business we've put our company up for sale at an attractive price to sell quickly - so there is anupside for the investor. Please contact Steve Coben 210-823-8856 or email scoben@furniturenow.com

Detailed Information

Location:
San Antonio, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
32,684
Lease Expiration:
10/26/2022
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Our Flag ship 2 story building has a 23,000 square foot showroom at street level and a an Elevator that takes you down to an additional 10,000 feet of Space that could be used as additional showroom but is currently used as storage. We are moving out of our NorthEast Location with plans to open another location on the other side of town, closer to our flagship store.
Competition:
San Antonio's has over 2 million people in our market area and is growing every year. As larger chain Furniture Stores have moved in to the market - we have maintained our competitive advantages through faster delivery, no hassle returns and internet pricing.
Growth & Expansion:
We see a very large upside potential in growth through our active e-commerce site - which currently has a limited delivery area. We don't deliver beyond our reach simply because of the risk of damage shipping can cause furniture. We plan on taking over another location in our densely populated quadrant of the city which will streamline delivery costs and add to our profits.
Financing:
Contact Seller for more information.
Support & Training:
Current Owner agrees to stay on for a training period if desired. Furniture Now also has a very good management team with many years of experience that have helped make our company great.
Reason for Selling:
Family Reasons
Business Website:
http://www.FurnitureNow.com
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Business Listed By:
Steve Coben

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