See Similar Listings

PRICE IMPROVED: Specialized Furniture $1M Store- $125K SDE

Greenville, SC

Seller Financing Available

listing image
Asking Price:$487,880
Gross Revenue:$1,169,779
Rent:$7,942
Established Year:1997
Cash Flow:$125,642
Inventory:$134,000
FF&E:$125,000
Listing ID: 2076795Listing provided by BizBuySell
BUSINESS DESCRIPTION

PRICE IMPROVED: Specialized Furniture $1M Store- $125K SDE

You want a semi absentee, staffed and profitable business. You want this retailer of high end, specialty furniture. High ticket sales not threatened by internet shopping. Well known and well branded, this store is located in an amazing area that boasts high customer traffic and a receptive market. CoViD drove sales UP! 5 trained and expert staff are in place. 4 Revenue categories make for diverse sales and very strong profits. You'll benefit from national and local branding to drive sales to your store. You'll be catering to high income clients who want comfort, design and specialty furniture helping them live a healthier lifestyle. And since the Upstate SC market is booming with those folks, it's time to get in and stake your claim in this profitable industry with little to no local competition.

DETAILED INFORMATION
Location
Greenville, SC
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,363
Lease Expiration
30/08/2028
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Current year remains Facilities: Major retail center in the heart of Greenville's primary shopping corridors. Many large retailers occupy and surround this center. Huge parking. Main Road visibility. Excellent exposure and location. FF&E Overview: Showroom, office and warehouse equipped. Also includes recently acquired delivery vehicle. FF&E General Condition: Well maintained franchise location with all product, displays, customer service areas, computers, printers, etc necessary to provide excellent service and selection.
Competition
The brand and business has done an amazing job of carving a niche sector that cannot easily be duplicated or threatened like most retailers by online shopping. This is a unique product that thrives on personal service and sales. That's also one of the secrets that keeps customers continually coming back for additional products and solutions. You hear a lot of companies talk about service... here's one that delivers exceptionally well on their promise.
Growth & Expansion
Additional retail space is about to become available allowing you to expand the showroom and product selection. Wellness is a segment of this furniture retailers niche market and the store continues to see growth as customers are focused more and more on how they feel and perform at work and at home. This companies products address exactly that need.
Financing
Owner Terms:$187,880.00 Interest:9% Term Months:60 Monthly Payment:$3,900.08
Support & Training
Number of Weeks Seller Will Offer Training: 10
Reason for Selling
Retirement
Franchise
This business is an established franchise
Report an Issue with this listing
profile-img
JT
Jim Tatem
logo-img
Phone Number
JT Jim Tatem
Call Phone