Well Established Furniture Gallery with Minimal Competition in Northeastern PAListing: #PAE00310
About this Business for sale in PennsylvaniaWell Established Furniture Gallery with Minimal Competition in Northeastern PA
This family-owned Retail Furniture Company is experiencing strong revenue and profit growth. It has been delighting its diverse customer base in its Pennsylvania community for over 50 years. Since its founding in 1946, the Company has grown into one of the most respected businesses in the area, earning recurring customers in all areas of focus. The Company has set itself apart from the competition as a full-service furniture Gallery that offers the most extensive collections of exclusive, top-brand home furnishings and accessories in the area. In fact, the Company benefits from being the largest, most respected furniture company in an area with few competitors.
The Company enjoys proprietary buying power through exclusive relationships with over 40 national furnishing brands. The store’s robust product offering allows for a wide variety of products and price points. This allows the Company to satisfy its diverse customer base with the right product for their homes. The highly trained, experienced and loyal staff takes great pride in personalized, local service. Superior knowledge of the firm’s products and relationship building skills lead to customer satisfaction.
The Company’s location is in a desirable, well-travelled area, and includes a spacious 25,000+ sq. ft. retail showroom, administrative
offices, and over 15,000 sq ft. of warehouse and storage space.
The Company would be an attractive investment to a strategic buyer looking to expand its geography or to add the Company’s retail sales
capacity. It may also be an attractive opportunity for investment buyers due to the strong retail infrastructure and historical success.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.