Listing Number: 22521-278565
This Business is a rare gem and has built its leadership in industry by serving the unmet needs of it’s niche customer segment It’s stores are located in strategic areas where there is heavy concentration of it’s niche customer segment.
Decades of Experience - Founded in 1996 and based in strategic Boston metro west and is a market leading furniture retailer and manufacturer.
34% year over year revenue growth since 2017
Longevity, quality, integrity and customer service are few of the the ingredients which makes it a lovable trusted brand in and around Boston Metro West.
Experienced Management Team - Owned and operated by the original team of two friends who grew the business ground up from one location to its current 4 locations. 5th location procured in strategic market and ready to be added to the portfolio.
Strong Strategic Partnerships – Premier strategic partners and a strong supplier base. Recently acquired large warehouse provides scalability.
Geographic Expansion – While firmly entrenched as Boston Metro West market leader, company has the platform to scale elsewhere in New England and Nationwide.
Strong Industry Demand – With a CAGR of 5.2% from 2021 to 2026, industry growth is fueling accelerated growth in the post COVID economy. Increasing expenditure on domestic furniture products has influenced the high demand of furniture products
2020 - ~$6.4MM
2021 (projected) - $7MM
Gross Margin - 32%
EBITDA % = 14%
2020 - $929K
2021 (projected) - $1MM+
- Price: $5,200,000
- Down Payment: $520,000
- Sellers Discretionary Earnings: $929,585
- Total Sales: $6,422,140
- Inventory: $0
- FF&E: $0
- Reason for Selling: Retirement
- Category: Furniture Retail