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Harris County, Texas
Own a Furniture Retail Business – Invest Today!
Asking Price
$115,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Richard Carruth
Name
Richard Carruth
Description
As the shopping center undergoes renovations, the potential for further growth is immense. A new owner can capitalize on the enhanced appearance to attract more customers and even consider reducing rent expense by relocating to a smaller space. The opportunity to increase sales volume through additional staffing and a sales-oriented approach, especially with popular items like mattresses, presents a clear path to substantial revenue growth. The existing finance programs for purchases provide accessibility and flexibility for customers, paving the way for increased sales and market expansion. The current owner is committed to ensuring a smooth transition, offering four weeks of training to set the stage for future success. This opportunity is not to be missed for entrepreneurs looking to build on a solid foundation, drive growth, and tap into the potential for increased profitability in the vibrant Houston market.
This furniture store presents significant potential, particularly given its strategic location in the bustling area of Houston. With ongoing renovations in the shopping center, a new owner will benefit from an enhanced appearance that can attract more customers with an option to reduce rent expense by permanently relocating to the smaller space to increase profitability.
Currently, the business operates with a streamlined model, relying on direct shipments from manufacturers, which minimizes inventory management. However, there is a clear opportunity to increase sales volume by hiring additional sales personnel. The current owner has identified that with a more sales-oriented approach, particularly with a focus on cash-and-carry inventory like mattresses, the revenue could see substantial growth.
The existing customer base, which largely includes Spanish-speaking clients, presents a unique opportunity to expand marketing efforts and potentially tap into other demographics in the area. The business already has established finance programs for purchases, which could be leveraged further to enhance customer accessibility and drive sales.
Additionally, the owner is willing to provide four weeks of training after the sale, ensuring a smooth transition and the implementation of strategies for improvement. This support will be invaluable for a new owner looking to capitalize on the existing foundation and expand the business’s reach.
https://tworld.com/locations/Texas/southandwesttexas/listings/Own-a-Furniture-Retail-Business-–-Invest-Today-
Business Details
Year Established:
1995
Employees:
1
FE&E:
$15,000
Reason for sale:
Other interests
Lease & Tenant Information
Lease Expiration:
11/30/2025
Lease Options:
$5,000
Other Information
Listing Number:
76931-275569
Sales:
$544,924
Seller's Discretionary Earnings:
$63,102
Inventory:
$20,000
Posting Information
Posting ID:
ID tw:86727 / Listing Number 76931-275569
Business Category:
Furniture Retail
Keywords:
Transworld
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Posting Title
Own a Furniture Retail Business – Invest Today!
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*86727
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Agent, Broker or Seller Contact
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