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Boss Group International LLC

Floridas Premier Furniture Consignment And Home Decor Retail For Sale

Hillsborough County, Florida, US
Asking Price:
On request
Sales Revenue:
$1,450,000
Cash Flow:
$302,000

Founded in 2006, this furniture consignment and home décor retail store is located in Hillsborough County, Florida. The Company’s inventory consists primarily of consignment items, but also includes many pieces from model homes and retail furniture store close-outs. Furniture and décor is priced up to 90% off retail and offers a tremendous value to customers, whatever their budget. All consignment items are sold on a 50/50 split, with an average of three weeks to sell. In 2017, revenue was derived from furniture and home décor sales (96.3%), delivery services (3.4%), and repair/clean fees (0.3%).

The Company has no direct consignment competitor within 30 miles, and the nearest competitor retail furniture stores are 20 miles away. The Company’s success is attributed to numerous factors. For consignors, the Company offers free pick-up service, no consignment fee, hassle-free consignment contract, and monthly automatic payment. The Company has built a strong reputation with consignors and customers for fairness and honesty, and superior service, boasting a 4.5 Google Star Rating out of 139 reviews posted.

Business Operation

Expansion Potential:

The Company's pick up service for furniture is booked 8-16 weeks in advance. The single retail location is not large enough to keep up with consignor demand, and the average sale time for consigned items is three weeks, indicating strong demand from customers too. Due to the high demand of furniture resale, the Company would benefit from multiple locations and additional trucks and drivers. -- Diversified Customer Base: No single customer accounted for more than 1% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.

Reasons for selling:

Discuss with the seller.

Employees:
14
Years established:
16

Other Information

Related Documents:

Contact Boss Group International LLC

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