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Showcase Furniture Store In Sarasota County For Sale

Sarasota County, Florida
Asking Price:
$1,950,000 (USD) Furniture / Fixtures and Inventory / Stock included
Turnover:
$2,669,535 (USD)
Net Profit:
$379,920 (USD)

A Showcase furniture store. Virtually all orders are customized pieces, meaning owner does not to maintain a large inventory. A deposit collected at the time of an order, which a benefit concerning cash flow. The store features premium international brands. The business offers delivery service and long term warranties. The company has a large, loyal customer base in this affluent community.

Property Information

Premises Details:

The location surrounded by several malls, shopping centers and other furniture stores. Traffic counts are high and allows customers to easily find the store. Immediate competition located nearby helps attract shoppers, yet the competitors offer low-end, economical furniture.

Business Operation

Expansion Potential:

With this prime location, a selection of premium products and a well-trained staff, this store simply needs to have more promotion to invite customers to come experience the pleasure of selecting and customizing your purchase.

Competition / Market:

Customers who appreciate quality, know these brands and enjoy service from a knowledgeable well trained staff. Other companies compete based on offering sales and being the lowest price. This community is affluent and the customers understand the value of long lasting quality and beauty. And many prefer to custom order the exact fabric, features and finishes they desire. This store provides the products and services desired by this clientele.

Reasons for selling:

Owner wishes to retire.

Trading hours:

Mon-Fri 10am-7; Sat 10-6; Sun 12-5pm

Employees:
2 FT
Years established:
5 Years

Other Information

Support & training:

Will train for 4 weeks @ no cost
This store offers well-respected international brands of furniture, for every room in the house, including bedding.

Furniture / Fixtures value:
$9,844 (USD) - included in the asking price
Inventory / Stock value:
$220,101 (USD) - included in the asking price

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