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Furniture & Interior Design Gem-Profitable 30-Year

  • Listing# : 18143
  • Listed Price : $729,000
  • Total Sales : $1,822,766
  • SIC : 5712
  • Down Payment : $72,900
  • Status : Active
  • Discretionary Earnings : $236,355

Business Type :

Furniture Retail / Furniture Store; Retail Miscellaneous / Retail Home Accessories

Business Description :

Discover an exceptional opportunity to own a high-quality, well-established store in Northern NJ, now available at an unbeatable new price! This thriving business, produced an average cash flow of $200k over the last several years. Don’t miss out on this incredible deal—invest in success today! Owner financing available - 10% of the sale price.

Key Offerings:

·         Furniture for home and office

·         Floor coverings

·         Lighting and décor

·         Custom woodwork and interior design services

·         Small gifts and seasonal décor items driving foot traffic

An established online presence, coupled with an experienced staff, serves primarily residential and some commercial customers across the tri-state area. Loyal customers return for the quality and consistency of products and services. A robust website provides online browsing for larger pieces and online shopping for décor and gift items.

Financial Highlights:

·         Consistently generates over $1.8 million in revenue annually

·         7000 sq ft showroom with dedicated interior design space

·         2025 sq ft nearby warehouse for receiving and fulfilling orders

·         Over $400k in assets, including showroom inventory, store/warehouse furniture and fixtures, and delivery vehicles

The current owners, in place for 16 years, are ready to retire. This presents a perfect opportunity for a new owner-operator or business owners seeking expansion or diversification for an existing company.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $300,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $95,000
    • Incl : Yes
    • Other: $10,792
    • Incl : Yes
    • Leasehold $35,000
    • Incl : Yes
    • Total Assets $440,792
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Furniture Retail, Retail Miscellaneous