This business opportunity is a chance to acquire a well-known and well-established home furnishings retailer located in one of the fastest-growing coastal regions in America. A growing mix of young professionals, families and empty nesters continue to be drawn to the region’s mild weather and sandy beaches and enjoy the area’s relatively low cost of living. Business owners also benefit from the area’s pro-business atmosphere.
The Company’s longevity and brand reputation within the community helps distinguish them from their competitors. Their reputation for providing a high level of customer service is reflected in the large number of repeat customers as well as high marks on Google reviews and an A+ BBB rating with 0 complaints.
They have an in-house design team to meet the needs, taste, and budget of each customer. They focus on serving the mid-to-upper price point segment of the furniture industry. They employ in-house delivery and setup crews using their own trucks to ensure higher standards are met at the customer’s home and have skilled repair personnel to perform repair services when needed. Long standing relationships with highly recognized manufacturers brings a wider range of products.
Revenue and Cash Flow shown are through 9 months of the current fiscal year. The owner estimates year-end 2022 projections to be approximately $2.8 million in revenue and over $200,000 in annualized cash flow.
Real Estate: $1,300,000
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