Furniture Store for Sale with Prime Location
| Asking Price: | $880,000 |
| Gross Revenue: | $1,333,931 |
| FF&E: | $40,000 |
| Cash Flow: | $314,374 |
| Inventory: | $50,000 |
| Established Year: | 2021 |
Furniture store for sale! A furniture warehouse showroom offering modern furniture designs and decor with substantial revenue is up for acquisition. The owner established the business in 2021 and has seen consistent growth since then. The warehouse offers a range of furniture, lighting, art, rugs, and high-end decor that is expertly curated. Additionally, services like furniture sourcing, in-home consultations, installation, and renovation consultations are available. The business occupies a 1,207 SF space within a retail strip center in an area with high-income neighborhoods of single-family homes. It is situated near a busy intersection with significant traffic and is in proximity to major DFW highways. The customer base is predominantly middle to upper class demographics who desire personalized interior design for their homes. Families make up the majority of the warehouse's customers. Although there are few competitors in the immediate market area, each competitor caters to a different niche of individuals.
The business has a solid social media presence with thousands of followers and has gained popularity through Google Ads and word of mouth. However, there is room for improvement in marketing and SEO is needed to expand the online presence beyond the local area. The business can achieve tremendous growth by targeting corporate accounts that could use updated furnishings and decor within their office or retail spaces. Currently operating for 20 hours per week, extending the business hours will not only boost sales but also provide ample room for further expansion. The owner works part-time to source unique furniture and decor, and guide customers in selecting products that cater to their specific needs. The warehouse is also staffed with three contractors who are trained to assist customers with their interior design needs. This business is experiencing continuous growth and is well-positioned for further expansion. It presents an excellent opportunity for a buyer with industry experience to elevate it to the next level of success.
Listing ID #001316
