Profitable Specialty Furniture Store
| Asking Price: | $329,000 | Inventory: | $12,000 ++ |
| Gross Revenue: | $631,839 (comments below) | Real Estate: | n/a |
| Cash Flow: | $167,020 (comments below) | FF&E: | $27,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 P&L Statement | |||
| Cash Flow Comments: 2008 P&L Statement | |||
Own and operate a successful niche retailer with a successful track record of verifiable success! It boasts both a retail store and an online virtual store. Although many retailers have seen a sharp decline, this business continues to enjoy a steady stream of sales. Known for its unique and stylish take on its products, the business has over 18 plus years of service and has earned a reputation for excellent service, selection and quality. With two ways to buy, the business offers a gateway to one of the most elaborate product offerings found in the industry. It is currently in expansion mode and plans are underway to develop a private label product line! Don't miss this opportunity! Sellers are so confident the business represents a terrific opportunity that they have offered seller financing up to $50,000 to a qualified purchaser. Additional terms to be determined based on purchaser qualifications. An average ticket ranges from $700 to $900. Sales Breakdown: Credit Card 90% vs. Cash 10%, Financed 5% vs. Cash/Credit Card 95%, Repeat 30% vs. New 70%, In-Store 95% vs. Website 5%, Local 95% vs. Non-local 5%, Pick-up 10% vs. Shipping & Delivery 90%.
About the Business
Year Established:1989
Employees:2 full time -
Facilities:The business may be easily found on one of San Diego's busiest streets. According to the San Diego Association of Governments (SANDAG) website the following traffic trends show a robust frequency of traffic traveled on this street and as of 2006 exceeds 43,000 in traffic volume per average weekday on the very same street the business occupies! The facility boasts approximately 2,470 square feet of retail space with a second warehouse space of approximately 600 square feet.
Market Outlook and Competition:Clients come to the store from all over including Riverside, San Diego, Temecula, Lake Ellsinore, and even Baja California! The seller has collected emails from former clients but has not conducted any direct marketing to that list. Marketing tools employed include: A web-based retail store advertising product, service lines and retail location, Yellow Pages Advertising, In-store events, and Third party financing offered at store location.
About the Sale
Reason For Selling:Health & Family Related Issues.
Seller Financing:Please call Broker for details.
KEYWORDS: Specialty Retail Store & Online Retail, Furniture Store, Retail Store
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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