Premier Northern NJ Furniture & Design Business Highly Profitable
| Asking Price: | $899,000 |
| Gross Revenue: | $2,430,921 |
| FF&E: | $95,000 |
| Cash Flow: | $406,535 |
| Inventory: | $300,000 |
| Established Year: | 1993 |
High Quality and well-established Northern NJ store at new lower price, provided over $300k of cash flow in 2023. Lender pre-qualified, can be purchased with only $89,900 down.
The business has been a staple in a thriving downtown shopping area for over 30 years. Serving home and office needs the store features
· Furniture for home and office
· Floor coverings,
· Lighting and décor.
· Custom woodwork and interior design services also available for that special project.
· Small gift and décor, including seasonal items, drives foot traffic to the store.
· An established online presence
Experienced staff serves primarily residential and some commercial customers across the tri-state area. Loyal customers keep coming back for the quality and consistency of products and services offered. A robust website provides online browsing of larger pieces and online shopping for décor and gift items.
This business consistently generates more than $2.4m in revenue for the last several years and includes:
· 7000 sq ft showroom with dedicated space for interior design services
· 2025 sq ft warehouse, nearby for receiving and fulfilling orders.
· Over $400k of assets (showroom inventory, store/warehouse furniture and fixtures, delivery vehicles.)
Current owners have been in place for 16 years and are ready to retire. Now looking for a new owner operator or business owners looking for expansion or diversification opportunity for existing company
