|Profitable Home Décor Consignment Store|
North CarolinaListing DetailsOffice ID: HOME1
Listing Broker: Joe Vagnone
Listing Price: $120,000
Gross Revenue: $181,129
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will consider some financing to the right, qualified buyer.
Reason for Sale:Owner is retiring.
Training:Owner will stay to train and support a new owner. Terms TBD.
OperationsYear Established: 2009
Form of Ownership: Sole Proprietorship
Business Hours: 10 am - 5pm M, Tu, Th, Fr and 10am - 4pm Sat, closed Wed and Sun
Business Description:Founded in 2009 to become the region’s favorite home décor store, this well-established, profitable business is known for both the quality and quantity of the items it sells. The majority of the items sold in this store are on consignment, and move very quickly. Located in a freestanding building constructed in 2009, this business boasts 2,500 sf of showroom space in its 4,000 sf facility. This business has a well developed website offering an on-line catalog, an effective social media presence which promotes the business itself and its inventory, and has a major listing presence on all major internet search engines. This business presents an exceptional opportunity for a new owner with interests in design, interiors or decorating with a desire to put their talents and interests to work!
Historical Summary:Business was founded in 2009 as a partnership, and partnership was dissolved at the end of 2014, and continues as a sole proprietorship.
Owner Qualifications:Ability to physically move furniture, bookkeeping.
Competition:While there are many competitors in the market area, this business distinguishes itself on the basis of the quality and quantity of merchandise and customer service. This business is the area's #1 home decor and consignment store.
Potential Growth:The potential growth of this business is limited to several factors: present space, hours of operation, and the need for increased promotional efforts. A new owner's creativity could take this business to a whole new level!
LocationType of Location: Stand Alone
Monthly Rent: $2,800
Square Footage: 4000
This business is located in a free standing building, with 4,000 sf total, and 2,500 sf of showroom space.
Last Updated: Jun 4, 2020 / 10:32 AM
Financial Information Current as of: Jun 13, 2017 / 12:22 PM