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Listed by:

Transworld Business Advisors Greenville East

Price Improved: Specialized Furniture $1m Store- $125k Sde In Greenville For Sale

Greenville, South Carolina, US
Asking Price:
$487,880 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,169,779
Cash Flow:
$125,642

PRICE IMPROVED: Specialized Furniture $1M Store- $125K SDE

You want a semi absentee, staffed and profitable business. You want this retailer of high end, specialty furniture. High ticket sales not threatened by internet shopping. Well known and well branded, this store is located in an amazing area that boasts high customer traffic and a receptive market. CoViD drove sales UP! 5 trained and expert staff are in place. 4 Revenue categories make for diverse sales and very strong profits. You'll benefit from national and local branding to drive sales to your store. You'll be catering to high income clients who want comfort, design and specialty furniture helping them live a healthier lifestyle. And since the Upstate SC market is booming with those folks, it's time to get in and stake your claim in this profitable industry with little to no local competition.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $7,942.00

Square Units (Foot, Meter): 2,363

Lease Expiration Date: August 30, 2028, 9:00:00 PM

Terms Options: Current year remains

Location:

Facilities: Major retail center in the heart of Greenville's primary shopping corridors. Many large retailers occupy and surround this center. Huge parking. Main Road visibility. Excellent exposure and location.

Premises Details:

FF&E Overview: Showroom, office and warehouse equipped. Also includes recently acquired delivery vehicle.

FF&E General Condition: Well maintained franchise location with all product, displays, customer service areas, computers, printers, etc necessary to provide excellent service and selection for customers.

Business Operation

Expansion Potential:

Additional retail space is about to become available allowing you to expand the showroom and product selection.
Wellness is a segment of this furniture retailers niche market and the store continues to see growth as customers are focused more and more on how they feel and perform at work and at home. This companies products address exactly that need.

Competition / Market:

The brand and business has done an amazing job of carving a niche sector that cannot easily be duplicated or threatened like most retailers by online shopping. This is a unique product that thrives on personal service and sales. That's also one of the secrets that keeps customers continually coming back for additional products and solutions. You hear a lot of companies talk about service... here's one that delivers exceptionally well on their promise.

Reasons for selling:

Retirement

Trading hours:

Monday - Saturday 10AM-6PM, Sunday 12PM-5PM

Employees:
4
Years established:
1997

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 10

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

Owner Terms:$187,880.00 Interest:9% Term Months:60 Monthly Payment:$3,900.08

Furniture / Fixtures value:
$125,000 - included in the asking price
Inventory / Stock value:
$134,000 - included in the asking price