Established Rug Showroom, Strong Profit in Texas Metro (17971)
| Asking Price: | $3,250,000 |
| Gross Revenue: | $900,821 |
| EBITDA: | $262,766 |
| Real Estate: | $2,000,000 |
| Cash Flow: | $333,521 |
| Inventory: | $3,000,000 |
| FF&E: | $602,000 |
| Established Year: | 1974 |
This premier oriental rug gallery plus showroom offers exquisite selection of elegant and timeless designs with decorative items!
Two centralized locations are strategically positioned for visibility & client access! 6,417 is owned and optional. 5,100 SF store is leased. Located one of the major metros in southern Texas.
Also provides cleaning, restoration and appraisals, & stair runner installations.
The specialty furnishing store exhibits an extensive list of high-end inventory, 1-of-a-kind tapestries & curated interior furniture.
Modern, traditional and oversized rugs are tailored to customers’ discerning tastes.
Experienced team of employees likely to remain post-sale & streamline operations after an assisted transitioning period.
2024 sales are stable with 2023 Revenues of $900,821 had Discretionary Earnings of $333,521 and EBITDA up to $262,766.
Historical revenues of $1.5 Million could easily be obtained with eCommerce efforts.
Over fifty years of business with an excellent social media following!
