Well Established Furniture Store for Sale (32 Year - Business for Sale
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Custom Upholstered Furniture Store in Richmond, VA
Richmond, VA, US
Added 11 months ago
Furniture Retail Store
32 years in business
Absentee / Semi-Absentee
A 32-year-old furniture retail store in Richmond, VA specializing in new custom upholstered furniture from four major U.S. manufacturers, operating from a high-traffic location with outsourced delivery services.
Key Information
Asking
$499K
Revenue
$746K
Earnings
$150K
Multiple
3.3x
Key Highlights
- Business established for 32 years in the same location
- Store manager with 44 years of furniture retail experience will stay on if needed
- Business model: retail sales of new custom upholstered furniture from four major U.S. manufacturers, with exclusive sales agreement for one manufacturer
- No inventory warehousing or delivery vehicles required; delivery is outsourced to a third-party service
Contact Info
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