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Western-Style Furniture Retailer
A rustic and western furniture retailer of nearly twenty years across two Central Texas locations, running semi-absentee at roughly 50% gross margins with a ten-person team.
Business Highlights
- Nearly twenty years of established brand recognition in Central Texas
- Semi-absentee ownership with a ten-person team across two locations
- 10,000 sq ft showroom inside a 16,000 sq ft converted facility with original hard rock maple flooring
- Adjacent lot included, adding 30 to 40 parking spaces or room to expand
- Roughly 50% gross margins on retail furniture sales
Considerations / Questions to Ask
- Semi-absentee is the main claim in this listing. Test it against who actually opens, buys and manages.
- Is the property owned or leased, and how is the adjacent lot treated inside the deal?
- Western furniture is a taste-driven category. How exposed is it to a shift in style or a housing slowdown?
- Ten employees across two sites against $800k of revenue. Confirm the payroll maths works as described.
- The seller wants a buyer with their own financing. Establish whether any seller note is available at all.
Opportunities
- Marketing spend is minimal today, so the most obvious growth lever has never been pulled
- Twenty years of brand recognition in a defined regional market takes a competitor a decade to match
- The adjacent lot is optionality already paid for
- Furniture at 50% gross margin sells online to a national audience that this business does not currently reach