Main Line Custom Furniture Retailer
Asking Price: | $44,499 |
Gross Revenue: | $120,000 |
Rent: | $650/Month |
FF&E: | $5,000 |
Cash Flow: | $80,000 |
Inventory: | $15,000 |
EBITDA: | $74,000 |
Established Year: | 2000 |
Get 20+ year business
Must sell IMMEDIATELY. Poor health has limited my work.
I will provide consulting under right terms and help you grow exponentially, vertically and horizontally
Recently added 2nd website selling stock items
LONG established niche and unique concept furniture showroom and catalog sales selling customized high quality customizable furniture. Roots formed in 2000. No advertising in over 10 years
All word of mouth referrals, repeat, and internet
Catering to upscale market and have built a large following over 20+ years
Have been part time for 6 years and still sell over 10k a month
Previously located on busy, highly visible, prime corner on Rt 30 in Main Line, we're now in King of Prussia down the road from the KOP Mall.
LOW overhead
AMAZING margins
Have done well over 35k monthly sales when full time. Have scaled back markedly pre-covid for health reasons.
More recently grossing over 10k month minimum working just part time. Recently still did over 16k amongst 3 customers in just 1 week
Focusing more on larger ticket sales, occasionally hitting 5 figures on individual sales, with most orders about $2000.00-$6000.00.
MUCH room to expand with other products
62% pretax margins. Working by appointment only since pre- Covid
Room to grow exponentially.
20+ Years of established affluent Main Line clientele with plenty of repeat business and referral
Doctors, lawyers, professors, engineers, retirees, etc.
Selling from Washington DC to NYC and beyond.
Perfect for contractor looking to expand and gain instant access to high end customer base, as many customers seek contracting services.
No real estate is included.
Website has prominent placement on major search engines. Draws online and physical foot traffic(used to) from multiple surrounding states. Was about 50/50 ratio of walk-in to web pre-Covid when showroom was open
Priced to sell asap
No employees. Almost everything is farmed out.
Will easily do 6 figure annual AGI, but the potential for expansion with unique offerings is HUGE
Get investment back in months.
ZERO advertising costs as all is word of mouth or internet.
BUT with our established name and excellent reputation built up over 20 years on the Main Line, advertising can grow business as much as you wish
You MUST be very familiar or experienced with woodworking/cabinetry in order to succeed.
Custom/stock furniture. Niche product line with virtually no direct competition. Most is contracted out, but you will have some woodworking tasks with opportunity to do more and expand.
More info and financials provided ONLY with receipt of proof of funds and signed confidentiality agreement.
First 44499 cash gets everything TODAY
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