For Sale: Modern Furniture Store - Established 18 Years - South Orange County

Current Status: Active     Posting #: 263803     Last Refreshed: 12/22/20    
Modern Furniture Store with an exceptional reputation and high-net-worth clients is for sale! An over 18-year established business that has been expertly managed with continued yearly revenue and margin growth. The operation is turnkey with lease, regulatory, highly sought vendors and clients in place for new owners to continue the growth and wealth opportunities. Physical location is a short walk from the beach in the highly desirable and affluent area of Southern Orange County in California.

Business Financial Highlights:

1. Over $1.7 million in annual revenue with continued growth potential for new sophisticated owners;
2. Historical yearly growth rate of approximately 20-30%;
3. Tight and professionally managed book and tax accounting;
4. Valuable and highly sought inventory approximately valued at $250,000.

Business Operations:

1. Experienced managers with deep contacts with modern and sophisticated furniture vendors;
2. Catering also to commercial and residential customers who have custom needs for their furniture;
3. Experienced team members knowledgeable of the industry and managing the store;
4. Highly sought after retail location with lengthy history and strong relationship with property Lessor;
5. Lease term ends late 2020 with 3-, 5-, and 10-year renewal option available.

Business Highlights:

1. Retail location walking distance to the beach in highly sought after community in Southern Orange County, California;
2. Strong internet presence with highly successful SEO with a premier domain name;
3. High E-Commerce sales with continued growth to add to high traffic in-store sales.

A note from the owners regarding their service and product:

"Our business is a creative environment that showcases custom and curated products from selected premier lines, providing a modern aesthetic with traditional customer service and a boutique feel. We specialize in crafting custom furniture to suit every customer's unique vision."