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Home Furnishings
Location: United States -> California -> Southern California - All Southern California
Industry: Retail > Home and Garden Retail

Business Summary

Unique Upscale Home Furnishing Business: Retail and Wholesale. This business opportunity actually is comprised of Two Businesses: A Retail Store
and a Wholesale Operation.

During the past 2 years, the wholesale business has built a significant amount of medium sized accounts, meanwhile the owners have initiated discussions with several large upscale retail stores in an attempt to establish a wholesale relationship.

The Retail Store has been operating for 2 months and showcases unique rustic furniture, fine furniture, and other distinctive home accessories. There is also a small design center in the retail store to design custom pieces, as well as for other design consultations.

The firm has recently become a Member of the American Society of Interior Designers, taking advantage of this vast network resource.

This company operates 2 active Internet Websites: one Website is dedicated for the Wholesale Business and the other for the Retail Store.

The owners of the company have been developing extensive vendor contacts in other parts of the world that are able to meet the specific and distinctive style of furniture and home accessories they are selling. Years have been spent preparing to take the business to the next level, ushering in significant growth.

The foundational work has been completed.

Presently there is approximately $1,200,000 worth in inventory housed in a separate warehouse, along with additional inventory at the Retail Store.

Projected sales figures are as follows: $500,000.

The Retail store is 5,000 sq.ft., lease expires 09/2009. Rent is $ 11,000
The Warehouse is 12,000 sq.f.t., lease is month-to-month. Rent is $ 7,500. Contact for more information on this Home Furnishing business for sale.


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $500,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,200,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train.
Reason For Selling:  Partnership issues.

Print Listing Id: 70052600
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