Retail Furniture/Design Business- Upscale
Location: Connecticut > Fairfield County
Industry: Home and Office Furniture > Home Furniture Retailing
Financials
Asking Price: $299,000
Gross Revenue: $614,000
Cash Flow: $100,000
Inventory: $80,000 (Included in Asking Price)
FF&E: $20,000 (Included in Asking Price)
Business Summary
This store opened in August 2004 and has shown year over year growth ever since. Q1 2007 should be another record. Family member's health issue is causing the sale of the business. Upscale Fairfield County location. Lots of walk in traffic. The store presents shoppers with a unique and eclectic selection of custom furniture, lighting, and accessories from a list of reputable and affordable vendors. The owner and her staff have grown the business from $135,000 to $614,000 annual sales. Great lease for this community. Plenty of parking.
About the Business
Year Established: 2004
Employees: 4 part time
Facilities: Beautiful, warm store front on Main Street. 1,400 square feet. Entry's in both the front of the store and from the parking lot in the rear. Lots of foot traffic in this town. Lease expires in August, 2011 with one 5-year option. Very warm environment.
Market Outlook and Competition: Competition: There are many design/furniture stores in this town. Each has a niche. This store has grown year over year and is just hitting it's stride. Growth and Expansion: Advertise more, work with contractors, but there is a lot of word of mouth growth currently.
About the Sale
Management Training and Support: Two weeks or as negotiated
Reason For Selling: Family Health

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Listing Tools
BizQuest ID:893953
Seller ID:371
Business Listed By
Name:Stephen Lovas
Company:Chandalar Partners
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