Home Furnishings
Location Colorado,United States
Asking Price Range $250K - $500K
Gross Revenues $1123000
Net Profit / Cash Flow $175000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1996
Number of Employees 6 - 9
Inventory 250000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Whatever is needed.
Reason for Sale Retirement.
Description Established in 1996 as a 1,500 square foot custom furniture store, the company has grown steadily in size and scope. Now occupying 13,500 square feet of retail space (plus a 3,000 square foot warehouse), the business offerings have been expanded to include a unique selection of furniture and accessories, with a focus on Southwestern, Western, and Colorado Mountain Lodge Style Furnishings. In recent years, upholstered items and leather furnishing have also become significant revenue contributors for the company. The uniqueness and quality of the Company's furnishings tend to attract a more affluent clientele, which in turn, allows the company to enjoy better profit margins than the more competitive lower-end of the home furnishings industry.
The current owners have been relatively passive in their operation of the business in recent years. There are numerous growth opportunities for a new owner to more rapidly expand this business including: 1) Further develop the designer area of the business; 2) Reactivate its on-line store (developed at cost of $10,000+); 3) Offer window treatments and the ability to coordinating entire rooms via company's access to custom milled products; 4) Franchise company's unique concept.
This popular, well-established business provides a buyer a well-collateralized investment with a tremendous growth upside. Contact for more information on this Home Furnishings business for sale.
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