Massive Regional Furniture Retailer

This large-scale regional furniture retailer was launched in 2013

It has been owned and managed by an experienced, successful entrepreneur who possesses over 3 decades in the furniture business.
As a consequence, all of the success ingredients are in place for new ownership:

• Excellent community reputation
• Loyal, regional customer footprint
• Deep industry know-how
• Excellent supplier relationships
• An extensive product offering of quality, well-known furniture brands
• A helpful, courteous delivery team

All of this is marketed in a massive, comfortable facility loaded with ready-to-sell inventory.

Customized, Personal Client Interface

While all of the above is impressive, this business is also grounded on a customized, personal client interface that meets the furniture
requirements of every room in the house or commercial space, including:

• Dining
• Living
• Kitchen
• Study
• Recreation
• Bedroom
• Patio/Pool
• Boardroom
• Training conference
• Office

All of which are supported by non-commissioned sales personnel and include free furniture delivery. The extensive inventory selection
covers the full gamut of features, price, design, and variety to meet a broad spectrum of customer tastes. The results are impressive
with 2023 top-line revenues of over $3.5M and bottom-line cash flow (after add-backs) of $539,000, which exceeds category average returns.

Seller Transition

The seller is retiring from the business but is willing to stay involved in the operation for up to 6 months to ensure a successful, effective
transition and to cross-train and transfer his lessons learned and best practices from over 3 decades in the furniture business.

Financing Package

This business has been pre-qualified by two banks offering SBA business loan financing and working capital. Applicants must meet bank approval
criteria and undergo a formal bank underwriting process. Complete details are included in the Confidential Information Memorandum (CIM), which will
be provided after completion of the NDA package.

Facilities/Location/Real Estate

The property includes:

• Two massive warehouse buildings
• Sales offices
• An entrance foyer
• A fully stocked customer lounge
• Fabric sample display rooms
• A children's play center

The location is conveniently accessed to and from its regional customer base and features plenty of customer parking and a multitude of large
garage doors/loading docks to facilitate the inflow and outflow of furniture. The seller is offering an attractive $15,000/month triple-net lease
(Complete facility details are included in the Confidential Information Memorandum).

Total Sales: $3,518,410

Cash Flow: 539267

FFE: N/A

Inventory: $1,100,000