Turnkey Specialty Furniture Store—Legacy

Overview

Profitable 25+ year operation with a great reputation needs a new direction

We are offering a unique opportunity to take ownership of a one-of-a-kind specialty furniture retailer with a strong 25+ year presence in the Charleston, SC market. Known for its extensive inventory of specialized home furnishings, the business has become a trusted name in both residential and commercial décor. With a solid foundation, an established online presence, and an impeccable reputation, this acquisition is perfectly suited for an existing furniture retailer looking to absorb this niche, an e-commerce entrepreneur ready to take advantage of a prime online setup, or a motivated buyer seeking to relocate the brand and leverage its goodwill.

This opportunity was originally offered at $110,000, which reflected the seller s weighted 3-year average (60/25/15) discretionary earnings ($71,426) and the estimated combined value of inventory and assets ($39,068), but has recently been reduced to just $90,000. The lease on the current retail location runs through 4/30/26, but due to extreme rate escalations, the seller will not renew. This provides a new owner with three more quarters of profitable operation at the current location, while they transition to their desired path forward: a new retail space, a hybrid warehouse space, or exclusively online sales.

• Gross Sales (3-Year Avg): $464,000
• Seller Discretionary Earnings (60/25/15 3-Year Weighted Avg): $71,426
• Gross Margin % (3-Year Avg): 46.4%

• Down Payment: N/A
• Cash Flow: $71,000
• EBIT: N/A
• EBITDA: N/A
• Accounts Receivable: N/A
• FFE: N/A
• FFE Included:
  Yes
• Inventory Included:
  Yes
• Operation
• Year of last Acquisition: 2007
• Non-Owner Payroll: N/A
• Location
• Monthly Rent: N/A
• Franchise:
  No

The company is currently located in a strip center, but a buyer would ideally be looking to absorb the operation, move it to a new location (likely providing a lower lease payment), or transition to eCommerce by taking advantage of the value and marketability of its domain. Assets include inventory of furniture, showroom displays, samples, all other displays and signage, computer, phone, credit card equipment, website and domain, vendor relationships, customer database, marketing collateral, and digital assets.

Seller is ready to retire after 18 years of operating the business.

The seller is willing to provide a detailed transition plan and training period to ensure continued vendor relationships and a smooth handover of operations. Two weeks of training will be included, negotiable up to four weeks if needed.

Charleston s combination of a robust retail market, increasing demand for home furnishings, strategic urban development, and a consumer base that values unique products makes it an ideal location for a furniture shop which offers a one-of-kind focused niche, such as the business being offered here. Additionally, this shop has not faced any increased costs due to tariffs, which can t be said for most others in the area.

Optional owner financing w/ $30,000 down and $60,000 financed up to 36 months at 10%.

For more information on this listing, please complete our Non-Disclosure Agreement