Furniture Store

Location: North Carolina
ID: (# 200670)

Furniture Store

New Listing

To request additional information start by providing the following:
Asking Price: $2,300,000
Cash Flow: $ 720,000

Annual Sales:  $ 3,000,000
Assets (FF&E):  $ 25,000
Inventory:  $ 280,000
Real Estate:  $ 0


Highly profitable furniture store in Eastern North Carolina. Exceptional earnings per square footage at a prominent location with an affluent customer base in a fast-growing area. Unique product mix, exceptional vendor relationships, large client following, superior reputation and extensive social media presence are part of the sale. Voted #1 Furniture Store in 2019 by local publications.


Reason for Selling:

Year Established:

Number of Employees:

Leased space 7,500 sqft in prominent mall location.

All inventory intended for sale at time of closing conveys with the business and is included in the asking price.

Furniture, Fixtures, Equipment:
Fixtures and office furniture used in the business are in good condition and will convey with the sale.

Support and Training:
The seller is willing to remain with the company for a certain amount of time to assist in the transition and training of the new owners. After that time the Seller and Buyer may enter into a consulting agreement for terms and conditions to be determined later.

Competition and Market:
This business differentiates from other furniture stores in the area through its mix of new and like-new consignment which secures its position between the discount stores and the high-end priced retailers. Affordable delivery prices and the convenience of touch-and-take home fights off online competition.

Growth and Expansion:
Continued residential development around the business locations increases foot traffic. Additional retail space or a second location are options for expansion, as well as creation of online store, interior design and staging divisions as profit centers.

Broker Contact Information

Regina Fisher

Bristol Group Carolina

Based in Wilmington, North Carolina
(910) 520-0737 | Mobile