Specialty Home Furnishing Shop

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 is being offered at $110,000, which reflects 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). The lease on the current retail location will not be renewed, which allows a new owner full flexibility to operate from a new retail space, warehouse, or shift to online sales.

Business Highlights
- Established Market Presence: Operating since 1997 with current ownership since 2007.
- Unique Offering: Only furniture shop in the region with their particular niche focus.
- Reputation: 5-star reviews, repeat business, and word-of-mouth referrals.
- Online Brand Value: Highly valuable, keyword-rich domain.
- Turnkey Operation: Includes inventory, all vendor relationships, equipment, customer database, and marketing assets.

Financial Overview (Rounded Averages)
- 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: $40,000

Total Sales: $464,000

Cash Flow: $71,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $5,000

FFE Included: Yes

Inventory: $34,000

Inventory Included: Yes

Year Established: 1997

Year of last Acquisition: 2007

Non-Owner Payroll: N/A

Real Estate: N/A

Monthly Rent: N/A

Franchise: No

Facilities Information:

The company is current located in a strip center, but the lease for this space will not be renewed. 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.

Reason For Sale:

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

Training & Support:

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.

Competition:

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.

Financing/Terms:

Optional owner financing w/ $40,000 down and $70,000 financed 60 months at 10%.