Established Furniture Showroom & Interior Design Business

Panama City, FL

Seller Financing Available

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Asking Price:$1,700,000
Inventory:$600,000
Established Year:2012
Gross Revenue:$2,136,567
EBITDA:$335,153
BUSINESS DESCRIPTION

Year Established: 2012
Location:
Prime spot within a high-traffic shopping center, located in the fastest-growing county in Florida.

Warehouse: 6,600 sq. ft. | Rent: $7,000/month
Showroom: 5,000 sq. ft. | Rent: $10,000/month
Employees: 9 total

7 W-2 employees
2 1099 employees
Subcontractors used as needed for deliveries
Assets:

2 trucks for deliveries
Services Offered:
This business provides full interior design services, offering a wide range of furniture and home furnishings at discounted prices. Customers can order products from over 100 brands, many of which are displayed in the showroom. The company has strong connections with home builders and has completed projects for notable clients such as Margaritaville, furnishing newly built homes.

Sales & Marketing:
The business leverages a mix of digital and traditional marketing, including online ads, print ads, and some radio promotion. The majority of sales (80%) come from repeat customers, a testament to its loyal customer base.

Owner’s Role:
The owner oversees business operations, focusing on payroll and financial management, spending only 10-15 hours per week in the office.


DETAILED INFORMATION
Location
Panama City, FL
Inventory
Included in asking price
Employees
9
Facilities
Large Showroom and Warehouse Space
Growth & Expansion
There is significant potential for expansion by increasing warehouse space to hold more inventory, allowing for faster turnaround and increased sales capacity.
Support & Training
The owner is willing to stay on and train the new owners for as long as needed.
Reason for Selling
The owner is looking to retire.
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Josh
Rosenwald
Anchor Business Advisors
Josh Rosenwald