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Profitable Furniture And Used Goods Store
Location: United States -> Massachusetts
Industry: Retail > Home and Garden Retail




Business Summary

Have you been looking to take your online business to the next level by opening a brick and mortar retail location? Here is an established operation which offers a wide variety of quality used furniture, art, furnishings and collectibles at bargain prices with excellent profit margins. With a 9,000 sqft retail space in a busy location, there is plenty of room to display and sell complete furniture sets, household furnishings and liquidation lots to both walk-in and online buyers. Annual sales have increased every year from $199k to over $300k during the past 3 years despite the pandemic. Start making money on your first day with this turnkey business that comes with the tradename, equipment, display cases, supplies, furniture, a branded delivery truck and $75k in salable inventory. Seller is motivated and willing to consider owner financing for qualified buyers.
The business was formed in 2016 by the current owner, who decided to utilize his online sales background and experience to open a used furniture and goods retail business. After 6 years of steady growth, the owner is now ready and motivated to sell.
There are no major competitors in the area with the capacity or selection of merchandise
as this business. A couple of local antique shops have a few similar products but they do not have enough floor space to compete on any real level. In addition, this business offers local pickup and delivery service which further sets them apart from the rest.

This business offers an energetic buyer a lot of potential for increased sales growth and
profitability. Below are a few recommendations suggested by the Seller:
1. Become an authorized dealer for commercial furniture products and mattresses.
2. Acquire a pawn license and sell more products on sites such as Shopify, Facebook etc.
3. Diversify income stream by obtaining a commercial Mover's license.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $249,931
Cash Flow:   $70,515
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $75,000
Seller Financing:  Yes

About The Business

Year Established:  2016
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  other business interests

Photos

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Profitable Furniture And Used Goods Store Photo 1




Print Listing Id: 700371053
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Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers



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