50-YR Texas Rug Institution Seeks Partner - Business for Sale
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Oriental Rug Gallery and Showroom in Southern Texas
TX, US
Added 1 year ago
Retail Stores - Oriental Rug Gallery and Showroom
50 years in business
A 50-year-old oriental rug gallery and showroom with two locations in a major southern Texas metro sells rugs, decorative items, and provides cleaning, restoration, appraisals, and installation services.
Key Information
Asking
$2.5M
Revenue
$1.5M
Earnings
$900K
Multiple
2.8x
Key Highlights
- Business has been operating for over 50 years.
- Located in southern Texas with two locations: a 6,417 SF owned property (optional purchase) and a 5,100 SF leased store.
- 2024 sales: $735,690; 2025 projected sales: $1,500,000 (up 51%).
- Equipment valued at $602,000 and inventory valued at over $3,000,000 are included.
- Property is available for additional purchase at $2,000,000.
- Business offers retail sales of oriental rugs, cleaning, restoration, appraisals, and stair runner installations.
Contact Info
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