Major Exclusive Home Furniture Retailer - Puerto Rico

This listing presents a major exclusive home furniture retailer located in Buena Vista Barrio, Puerto Rico. The company is a highly successful and popular independent retailer, offering a wide range of furniture manufactured exclusively in South America. It distinguishes itself through exclusive brands, unique styles, materials, and technology, all offered at competitive prices not found elsewhere on the island. The business holds the number one market position for TV wall units and metal kitchen cabinets in Puerto Rico. Customers are drawn to its contemporary and European-styled pieces, a stark contrast to offerings from big-box stores. With strategically located warehouses across the island, immediate delivery is often possible. The company also provides flexible financing options, including for customers with less-than-perfect credit. Future growth is planned for 2023 with new locations and product categories such as appliances, baby furniture, and kitchen furniture. The business is family-owned and operated, with the owner ready to retire. It boasts a strong team of 21 full-time employees committed to excellent service. The sale includes $500,000 in inventory, $250,000 in FF&E, and $150,000 in leasehold improvements. The operation includes three facilities: a 30,000 sqft corporate headquarters and sales center, a 20,000 sqft sales center, and a 28,000 sqft (expandable to 60,000 sqft) central warehouse.