Locally-Owned Custom Furniture Store
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Quick Facts:
Listing Price:
$825,000EBITDA:
$73,618Real Estate:
N/DGross Revenue:
$1,547,245FF&E:
$44,000Established:
1996Cash Flow:
$140,081Inventory:
$510,000Employess (FTE):
7.00Description:
This locally owned, custom furniture store for sale in Iowa specializes in selling high-quality furniture that is handcrafted in the USA. The majority of the furniture is customizable and sustainable and comes with a lifetime workmanship warranty. The furnishings are showcased in a beautiful 12,000 square foot showroom located on a busy road with high visibility. This turnkey business boasts a loyal customer base and a strong reputation both locally and across the state.
Detailed Information:
Location:
MidwestFurniture, Fixtures & Equipment (FF&E):
Delivery Truck, Office Equip., Warehouse Supplies
Facilities:
The business is located in a multi-tenant strip mall on a street with great visibility and a high traffic count. It has been located on the same street for 29 years. There is 12,000 square feet of retail showroom with three access points plus 2,000 square feet of warehouse space and ample parking.
NAICS:
449110Inventory included?:
YesReason for selling:
Retirement
Market opportunities:
Growth for this business could be generated by extending operating hours, offering additional product lines which could attract a broader audience or by adding locations around the state to capitalize on their established reputation.
Competitive advantage:
The majority of the brands carried by the business are made in the USA, are customizable and are considered “green” due to their sustainability ratings. The furniture is handcrafted and is often sought out as heirloom pieces that can be passed down to future generations.
Able to relocate?:
NoReal estate included?:
NoReal estate owned by seller?:
NoReal Estate leased from a third party?:
YesReal estate available for buyer to purchase?:
NoSeller financing available?:
YesTraining provided by seller?:
YesFranchise ?:
No
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