Global Furniture Company Seeks To Convert It's Two NY Corp Locations

New York, NY

Seller Financing Available

Contemporary Retail Furniture Store
Asking Price:$750,000
Gross Revenue:$5,172,000
Established Year:2015
Cash Flow:$268,484
Inventory:$400,000
BUSINESS DESCRIPTION

This is a great opportunity...

GLOBAL FURNITURE COMPANY SEEKS TO CONVERT IT’S TWO NEW YORK CORPORATE STORES INTO FRANCHISEE LOCATIONS

Business Description:
The franchisor is a 70 year-old international Furniture Brand with over 300 locations worldwide in over 60 countries. They are converting their two corporate stores in the New York metropolitan area to franchisee locations.

The franchisor will only sell the two New York high profile stores to an individual or group that has the mindset, ability and financial capacity to open additional stores and successfully maximize the New York Tri-State territory.

Franchisee / Partner Opportunity Offers:

· Low Investment / High EBITDA
· Stronger ROI than other franchise concepts
· A business model for franchisees that yields quick cash flow generation
· Comprehensive support for Franchisee partners
· A well-known international brand
· An updated seasonal range of contemporary and modern furniture
· A franchise system that has been developed, proven and tweaked for success over 30 years

The franchisee partner will become part of an exceptional turn-key franchise system with high customer loyalty and repeat add-on purchases.

Historical Summary:
Since opening its first franchise in Europe in 1993 the company has become a global leader in the design of bold, stylish furniture, boasting 300+ locations in over 60 countries around the world.

This franchisor differentiates itself by offering premium quality, modern designs that elevate interior spaces to achieve their full potential. The company remains focused on creating functional furniture for the urban consumer through partnerships with the world’s leading interior designers.

The company’s first U.S. store location was opened in 2002.


ATTACHED DOCUMENTS
Buyer NDA.pdf Download

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
11
Facilities
The New York flagship store is located in New York City and the 2nd store is located in an upscale high-end mall in a suburb of NYC.
Competition
Limited to upscale furniture brands in the marketplace.
Growth & Expansion
Significant
Financing
Negotiable
Support & Training
Complete training from the Franchisor and total turn-key support will be provided.
Reason for Selling
Franchisor is converting it’s two New York corporate locations to franchisee sto
Franchise
This business is an established franchise
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