Famous Furniture Store! Price Reduced! $300k Inventory!
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Great Deal! Price Reduced! Owner wants to retire! Known for its famous commercials, this iconic 22,000 sq. ft. furniture store has been in business for over 50 years and currently generates $2 million in annual sales with no advertising. The store includes $300,000 in inventory and has a couple long-term employees, each with over 20 years of experience. The current owner is retiring but will provide up to six months of training to ensure a smooth transition. The business has long-standing supplier relationships which will continue. It is located on a busy highway, and the property owner will offer a long-term lease below market value!!! With no current marketing efforts, a new owner has the opportunity to increase sales through advertising and online expansion.
About the Business
- Years in Operation
- 51
- Employees
- 4
- Facilities & Assets
- Family owned and operated since 1950. Owned several locations now downsized to one location. Sold other locations over the years.
- Market Outlook / Competition
- Only family owned business in the area. All others are commercial furniture stores
- Opportunities for Growth
- Advertising and
extended hours
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 22,000
- Rent
- $30,000 per month
- Lease Expiration
- 12/31/2040
About the Sale
- Seller Motivation
- retirement
- Transition Support
- 2 weeks
Listing Info
- ID
- 2337298
- Listing Views
- 1285
Listing ID: 2337298 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. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNew Jersey Businesses for SaleNew Jersey Home & Office Furniture Businesses for SaleNew Jersey Home Furniture Retailing Businesses for Sale
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