Tupelo Data Room
Furniture & Fixtures, Other Service Businesses
Active

Profitable Furniture & Design Business - 30 Years

New Jersey, United States
Asking Price$669,000
Revenue$2,004,765
EBITDA-
Cash Flow$235,573
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 has produced an average cash flow of $250k over the last several years. Don’t miss out on this incredible deal—invest in success today! Owner financing available - 20% 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.
Real Estate
Leased
Building Size: 9025 sq. ft.
Furniture Fixtures & Equipment
$47k
Inventory
$200kIncluded in Asking Price
Year Established
1993
Reason Selling
Retirement
Facilities & Assets
Retail space of 7,000 sq ft showroom. Warehouse of 2,025 sq ft nearby.
Support & Training
Will train for 4 weeks @ $0 cost.
Market & Competition
There are very few privately owned stores which provide the quality and level of services offered.
Growth Opportunities
The opportunity presents an outstanding opportunity for growth and profitability, thanks to its strategic location, loyal customer base, and potential for expanding marketing and online presence.
Financing Options
Seller financing is available.$66,900 down/$133,800 over 24 mos. @ 7%/Other Financing.
Asking Price$669,000