Home Furnishings Store With Design Services
Retail / 90 views
Price: $300,000.00
This home furnishings store with design services has all the right connections to make a house a home! It offers clients a one-stop shop for all their remodeling and updating needs. Indoors or outdoors, this store meets clients’ needs with a vast array of items. Some of these include:
- Bedroom & Living Room Furniture
- Outdoor Furniture
- Soft Goods
- Cabinetry & Countertops
- Flooring
- Light Fixtures & Fans
- Plumbing & Hardware
Because they have manufacturer-direct connections they pass on savings to their clients. In fact, they offer discounts others seldom can! This home furnishing store also offers full-service interior design and renovation services. Contractors handle the installation services.
The store is centrally located near several affluent suburbs. There are over 420,000 homes with an income range of over $100,000 to $115,000 nearby. Due to the tight housing market, homeowners are remodeling. This means they are looking for high quality goods and design/remodeling assistance to make their homes beautiful.
The interest rate increases in 2023 coupled with the downturn in home sales had a direct, negative impact on the store. It is important to note, however, that the sellers saw this coming and aggressively managed their expenses. As a result, their net income as a percentage of revenue increased.
This home furnishings store with design services is a good fit for an owner/operator wanting to showcase their design experience with an independent home furnishing design center. Additionally, it makes a great add-on to an existing contractor looking to offer design, purchasing, and installation services. Contact us today to find out more!
Investment Considerations:
- Offers Full-Service Design & Renovation Services
- Large Space with Showroom & Offices
- Access to Hundreds of Top Brands
- Manufacturer Direct Connections
- Strong Local Recognition
- Marketing In Place
- Close to Affluent Suburbs
Growth & Expansion Opportunities:
A new owner will see growth if they:
- Increase Advertising
- Use Social Media
- Develop Relationships with Builders, Remodelers and Other Interior Designers
- Increase Activities at Trade Shows & with Trade Organizations
Financial Information:
Revenue | Cash Flow | |
2023 | $618,911 | $221,728 |
2022 | $857,166 | $182,351 |
2021 | $853,855 | $238,670 |
For more information regarding this Home Furnishings Store With Design Services click the link below. IBA requires a Non-Disclosure Agreement be signed before disclosing business details.**
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- Reason For Sale : Retirement
- Year Established : 1990
- Location : Indianapolis, Indiana
- Cash Flow : $221,728
- Revenue : $618,911
- Listing # : N2047