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Profitable Furniture & Design Business - 30 Years for sale in NJ

New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 669,000 $ 2,004,765 $ 235,573

Furniture and Fixtures Value:
$ 47,123 (included in the asking price)

Inventory Value:
$ 200,000 (included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
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 trafficAn 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 vehiclesThe 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.

 

   
Year Business was Established: 1993
   
Number of Employees: 5 FT/1 PT  
   
Facilities / Terms of Lease: Retail space of 7,000 sq ft showroom. Warehouse of 2,025 sq ft nearby.  
   
Potential Growth/Expansion: 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.  
   
Competition: There are very few privately owned stores which provide the quality and level of services offered.  
   
Owner willing to finance: $66,900 down/$133,800 over 24 mos. @ 7%/Other Financing.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Retirement.  
   
Seller Reference Number: 3401-18143
BusinessMart.com Listing Number: 317860
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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