Pre-approved for SBA Financing with a $100K line of credit and a $100K working capital loan! Situated in South Texas, this listing highlights a specialized full-service furniture store and design centre attracting many walk-ins. The design centre is capable of single-room interior projects or full-home layouts; their extensive project experience can transform any space from flooring, cabinetry, and lighting, to bedding, upholstery, faux painting & floral arrangements.
Offering luxurious home décor for residential appliques, their online catalogue also allows customers to find the glamorous products they are looking for with ease and have them delivered or available for in-store pickup. Boasting a decade-long, national reputation, their signature look features a modern, elegant, livable design with an assortment of hand-picked suppliers and brands. Thanks to their unique approach to interior design drawing and access to hard-to-find brands, new customers and designers are common.
After-tax returns show a collected total of Revenues up to $2,214,651 in 2022 alongside previously projected Discretionary Earnings of $579,609 and EBITDA’s of $489,554, Year to Date reports from June 30th, 2023 display reached Sales of $978K and SDE’s of $183K! Located in an uptown metro shopping centre, the prime 5,600 square-foot facility features retail, warehouse, and office space; holding a tenancy of $12,100 monthly, renewable in 2024.
With management in place, a strong support team of 6 nonunion employees with industry experience and cross-training are most likely to remain post-sale and continue quality operations after a smooth owner transition of up to one year.
Besides their maintained website and engagements on social media, marketing efforts include advertisements in Architectural Digest and verbal referrals from a large and repeating customer base, backed by outstanding reviews & A+ BBB ratings. This offering is a fantastic opportunity to love where you work and what you do while supporting a balanced work & play lifestyle.