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- RE: Thriving Home Goods Store-Western Virginia
- Contact: Richard Halterman
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $402,262 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $107,039 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 5 | |
BBN Listing #: | 989967 | |
Broker Reference #: | 2003-18848 |
Business Overview:
This business is a curated boutique specializing in high-quality home décor, permanent floral design, and luxury personal care items. Known for its warm and inviting ambiance, the shop offers an exceptional customer experience through its distinctive blend of artistry, craftsmanship, and carefully sourced product lines.
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Property Features and Assets:
The subject space includes a combination of retail and storage areas located in a commercial property. Details regarding building layout—such as the number of floors, exterior features, restroom count, parking availability, roof type, and door configurations—have not been disclosed.
The business currently operates under a lease agreement that includes a base rent along with a required marketing or advertising fee. The lease may be extended, though no formal renewal options or scheduled rent increases are specified. Utility costs are included in the lease terms.
No environmental issues have been reported. While relocation of the business is technically possible, it is not advised due to the distinctive advantages of the current location. The setting fosters a family-friendly, community-driven shopping experience.
Assets = $225,000
Market Competition and Expansion:
This business operates in a niche where it competes with large retail chains, online marketplaces, and other custom decor providers. However, it differentiates itself through personalized service, higher product quality, and a welcoming, hands-on shopping experience. While larger stores may offer similar items, they typically lack the custom design capabilities, meticulous quality control, and attention to detail that define this shop’s offerings. Customers benefit from being able to see, touch, and experience products before purchase—reducing frustration over returns or defects.
The store also offers complimentary gift packaging and a curated selection of goods not commonly found in mass retail. Located within a multi-vendor shopping venue, the business benefits from steady foot traffic and strong synergy with nearby shops. Its family-friendly, boutique setting further enhances customer satisfaction, encouraging loyalty and repeat visits.
The business has strong potential for growth by expanding its digital presence and deepening customer engagement. Enhancing online visibility through improved social media marketing and search engine optimization can attract new audiences and drive more traffic to digital platforms. Developing a robust e-commerce component would allow the business to reach customers beyond its local market. Additionally, implementing a customer rewards or loyalty program can encourage repeat visits and build long-term brand loyalty. These strategies, combined with targeted promotions and an optimized online shopping experience, offer practical and scalable paths to sustained growth.
Reason for Selling:
The owner wishes to retire and enjoy the rewards of all the hard work.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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