NOT DISCLOSED, Washington
| Asking Price |
$1,250,000 |
Year Established |
1951 |
|
| Annual Revenue |
$3,250,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Charles Morningstar |
|
| Annual Cash Flow |
$429,357 |
Listing Number |
985560 |
|
| # of Employees |
16 |
Business Category |
Retail: Home Furniture & Furnishings |
|
Business Overview:
This furniture and home furnishings store is, and has been for many years, recognized as the “go-to” best furniture store in its region. With a stellar reputation based on decades of quality products and service, this furniture store has literally served generations of families throughout the footprint of its customer base. Located in Western Washington, this business has customers who come from well outside its own community because the customers know they will get a great product, at a competitive price, coupled with unparalleled service. If you are interested in learning more about this business, please complete and the required non-disclosure agreement (NDA) by clicking on the following link: https://soundbusinessbrokers.com/nondisclosure-agreement/ Once your NDA has been received, Charles Morningstar will contact you with additional information.
Property Features and Assets:
<p>The showroom is a modern highly visible building with approximately 17,000 square feet of space. There is ample parking off a busy street in close proximity to highway access. The attached warehouse is approximately 16,000 square feet with ample industrial shelving and multiple loading docks for shipping, receiving, and deliveries.<!--StartFragment--><!--StartFragment--><!--EndFragment--><!--StartFragment--><!--EndFragment--> <!--EndFragment--> <br></p>
Market Competition and Expansion:
<p>There are a couple of Competitors in the greater area, but only one competitor in the immediate community or surrounding area. Competitors tend to sell products of lesser quality and do not offer anywhere near the level of dedicated customer service.</p><p>This business could be grown through acquisition, but in the near-term efforts should be focused on improving the business’ position with respect to digital marketing and e-commerce. Efforts are currently being made in these areas, but there is room for improvement<!--StartFragment--><!--EndFragment--> <br></p>
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