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50-YR-Old Texas Rug Retail Institution Seeks Partner! (17971) For Sale

South TX, Texas, US
Asking Price:
$2,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,506,421
Cash Flow:
$900,243

Looking for a corporate or industry buyer interested in strategic partnership!
This premier oriental rug gallery plus showroom offers exquisite selection of elegant and timeless designs with decorative items!!
 Two centralized locations are strategically positioned for visibility & client access! 6,417 is owned and optional. 5,100 SF store is leased. Located one of the major metros in southern Texas.
 Also provides cleaning, restoration and appraisals, & stair runner installations.
 The specialty furnishing store exhibits an extensive list of high-end inventory, 1-of-a-kind tapestries & curated interior furniture.
 Over fifty years of business with an excellent social media following.
 Experienced team of employees likely to remain post-sale & streamline operations after an assisted transitioning period.
 2025 Sales of $1.5 million, vs $735,690 2024 sales, up 51%, with Discretionary Earnings of $695,350, Adjusted EBIDTA of $615,350.
 Future Sales could easily be increase with eCommerce efforts.

Property Information

Real Estate:

Lease

Location:

Property marketed at $2 Million is available for additional purchase.

Size in square feet:
5,100+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

N/A

Employees:
4 hourly & 4 contractors.
Years established:
1974

Other Information

Support & training:

Team likely to remain post-sale to streamline operations after an assisted transitioning period

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Standard SBA-term financing will be negotiable for qualified buyers.

Furniture / Fixtures value:
$602,000 - included in the asking price
Inventory / Stock value:
$3,000,000 - included in the asking price