Tampa, FL 33617,Address not disclosed
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$ 10,000,000
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$ 10,000,000
Est. payment | /mo
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID T3552145

HOA Y/N No

Originating Board Stellar MLS

Property Description

Situated in the dynamic and fast-growing Central Florida region, this distinguished furniture retailer has solidified its reputation as a leading destination for high-quality, stylish home furnishings. With a customer base that spans beyond the state of Florida, the business offers an extensive selection of furniture that seamlessly blends contemporary and classic styles.

A key asset of this business is its flagship location, which features a spacious 63,000 sqft showroom alongside a 60,000 sqft warehouse. This state-of-the-art facility is the operational heart of the business, showcasing a diverse range of products from custom furniture pieces to premium outdoor furnishings, all sourced from top-tier brands known for their quality and craftsmanship. The business is further supported by a robust online presence, including an interactive e-commerce platform that enables customers to explore customization options and make convenient online purchases.

Financially, this debt-free business has consistently achieved impressive revenue growth year over year, with annual sales well north of $15,000,000 for the past three years. It generates over a million dollars in cash flow annually, demonstrating its strong profitability. With a positive trajectory, the business is on track to exceed $20,000,000 in revenues in the coming years. In the first quarter of 2024 alone, revenues reached nearly $5,000,000, showcasing the business's continued growth and profitability.

For strategic buyers, this business represents a chance to enhance market share in a lucrative area, while private equity firms may see it as an excellent platform for further growth or a strategic add-on acquisition. The business has been financially reviewed by several banks, making it well-positioned for a range of financing options. The current owner is willing to consider seller financing based on the buyer’s qualifications and financial standing.

Location

State FL

County Hillsborough

Others

Ownership Partnership

Acceptable Financing Cash, Conventional, Owner Financing

Listing Terms Cash, Conventional, Owner Financing

Special Listing Condition None

Stellar MLS
Listed by NATIONWIDE REALTY SOLUTIONS LL
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8803 Futures Drive Unit 10A, Orlando, Florida, 32819, USA

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