Established and Esteemed Modern Furniture Store for Sale

Orange County, CA

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Asking Price: $1,000,000

Cash Flow: N/A

Gross Revenue: $1,700,000

EBITDA: N/A

FF&E: $0

Inventory: $250,000*

Rent: $12,290 per Month

Established: 2002

*not included in asking price.

Established and Esteemed Modern Furniture Store for Sale

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Business Description

Modern Furniture Store with Sustained Success!

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."

Detailed Information

Location:
Orange County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
3
Financing:
Inventory, vehicle and floor items negotiable in asking price
Reason for Selling:
Retiring
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Paul Vargas

Business Listed By:
Paul Vargas

Tax + Business Consulting

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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Ad#:1762270

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