Luxury Home Furnishing Retail Store with Interior Design

Business Description

This is one of Southern California’s premier luxury furniture and interior design stores.  For 18 years, it has been serving an affluent customer base in one of the highest per capita areas in the state.  It is located in a newer center, surrounded by major retail names.  The foot traffic consists of high quality customers looking to experience an exceptional level of service and product offerings.

This type of business doesn’t come along every day.  The Showroom is consistently described as one of the best in Southern California, the clientele established, and the principals expect most of the experienced, talented and knowledgeable staff to stay during the transition.  While the business has served as a great source of cash flow, the principals recognize it was done with minimal efforts to expand the business.

With the right owner, this business can be expanded to online sales and staging, as well as implementing a coordinated marketing campaign to increase interior design jobs as well as retail sales.  In addition, the business is primed to expand the number of designers on staff, and possibly replicate the name to a few other high end locations in Southern California.

For about the cost of mid-priced home in the area, you can buy a healthy, vibrant business with good cash flow and great potential for growth.

2019 2020 2021 2022 2023 Forecast
Revenue $5,499,141 $4,185,202 $4,747,328 $5,302,074 $5,400,000
EBITDA $1,029,298 $285,391 $635,268 $727,944 $883,443

Financial Overview

Asking Price: $2,990,000 (Includes $800K Working Capital)

Revenue: $5,400,000 (2023 Projection)

Income: $883,443 (2023 Projection)

Multiple: 3.4x

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