Retail Furniture and Home Decorating
Location: Tennessee > Davidson County > nashville
Industry: Home and Office Furniture > Home Furniture Retailing
Financials
Asking Price: $169,900
Gross Revenue: $334,787
Cash Flow: $50,214
Inventory: $72,000 (Included in Asking Price)
FF&E: $15,000 (Included in Asking Price)
Business Summary
A unique store, with an inventory suited perfectly to the surrounding demographic, this business is a tremendous opportunity for an operator with design sensibilities and a flair for networking in the community. The operation relocated to nearly double its square footage in response to strong customer demand. Sales increased in the new location, showing 60% growth. In '07, the business focused on profitability and improved gross margin by nearly 6%. The facility consists of approximately 3500 square feet, with ample parking.
The store offers an extensive variety of items, including: Featured showroom pieces; An array of custom-order catalogs; Art selection; Various product lines
This business enjoys walk-in traffic from passers-by as it is located on a heavily trafficked street. Its customer base remained loyal even after the relocation and its name recognition has grown through relationships with the design community and local press. The owner has increased sales by providing furnishings for model units in nearby residential developments. The business will benefit greatly from enlarging relationships with design professionals as well as with residential developers. To date, the business has not established a significant web presence, nor has it allocated much of its budget to media advertising. Both of these remain as opportunities for the new owner.
The store offers an extensive variety of items, including: Featured showroom pieces; An array of custom-order catalogs; Art selection; Various product lines
This business enjoys walk-in traffic from passers-by as it is located on a heavily trafficked street. Its customer base remained loyal even after the relocation and its name recognition has grown through relationships with the design community and local press. The owner has increased sales by providing furnishings for model units in nearby residential developments. The business will benefit greatly from enlarging relationships with design professionals as well as with residential developers. To date, the business has not established a significant web presence, nor has it allocated much of its budget to media advertising. Both of these remain as opportunities for the new owner.
About the Business
Year Established: 2004
Employees: 1 full time -
Facilities: 3500 sq ft
About the Sale
Management Training and Support: 2 weeks training included in price
Reason For Selling: Starting family and 2nd business requiring more time
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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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