Premium Patio Furniture Store in Business for over 30 years
Tallahassee, FL
| Asking Price: | $130,000 |
| Inventory: | $60,000 |
| Established Year: | 1989 |
| Gross Revenue: | $325,000 |
| Rent: | $4,665/Month |
Listing ID: 2254188Listing provided by BizBuySell
BUSINESS DESCRIPTION
Premium Location
This well established Patio Furniture store has a history of over 30 years servicing customers throughout the panhandle of Florida and Southern Georgia. Conveniently located in a popular shopping center with no vacancies close to the Interstate. The decision to sell the business is because of health-related issues and upcoming changes in the family who owns the business. The store is currently open Tuesday through Saturday and does most business through custom orders with deliveries included in the sale. All store inventory is also available for sale for customers on a tight timeline.
DETAILED INFORMATION
Location
Tallahassee, FL
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
30/04/2025
Employees
1
Facilities
Required tools for assembly of furniture, PC with Quickbooks, and printer is included. All spare parts and current catalogs are included. Transfer ownership of website, domain name, and business name is included. Current website is hosted by GoDaddy. Current deliveries are completed using an enclosed 14x7 tandem axle trailer with loading ramp door and electric brakes pulled by standard pickup that can be added to sale price, if interested. Location is subleased which can be extended for 1 or 2 more years from current landlord through contract update.
Competition
Little to no retail competition in the high-end custom patio furniture space. Current customers come to purchase from a circle that is approximately 2.5 hours in radius centered on store. Repeat customers in Panama City, Cape San Blas, St. George Island, Thomasville, etc. Online competition is present but is limited in options as compared to retail offering. Store pricing is very competitive with online retailers.
Growth & Expansion
Business has done well through three decades of ups/downs of economy including Covid-19. This ideal store location is easy to access to/from I-10. Increased in-stock inventory options have improved the business in last 2 years. Most customers require delivery so a reliable delivery vehicle and trailer or small box truck are recommended.
Support & Training
Training for selling and ordering process for each supplier as well as basic order entry and order receiving is included. All required assembly of furniture includes instructions. Limited computer skills are required for daily operations. Additional training on website maintenance is also included as needed.
Reason for Selling
Current owner is experiencing health-related issues and family dynamics wil
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