Profitable Furniture & Home Goods Retail Store in Norfolk, VA
Financial Details
- Asking Price:
- $259,000
- Cash Flow / SDE:
- $6,000
- Profit Metric:
- Net Monthly Profit
- Valuation Multiple:
- 43.2x
- Location:
- Norfolk, VA, US
- Source:
- Date:
- September 17, 2025
Key Highlights
Description
This listing presents a profitable Furniture & Home Goods retail store located in Norfolk, VA, established in 2021. The business offers a turn-key opportunity for a new owner, featuring a spacious 4,000 sq ft retail area in a high-traffic location. The sale includes approximately $100,000 worth of inventory and fixtures, such as shelving, displays, POS system, lighting, and carrying equipment. The business generates a net monthly profit of $6,000–$7,000. The lease for the premises is $3,400 per month with renewal options. The seller is relocating out of state and will provide 2-4 weeks of training to ensure a smooth transition. Growth potential exists in expanding online sales, marketing, delivery services, and product variety.
Industry Information
- Industry Description:
- Furniture & Home Goods Retail Store
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2021
- Reason for Selling:
- Relocating / Moving out of state
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $3,400 USD
Assets & Inventory
- Includes FF&E:
- Yes
- Inventory Value:
- $100,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- YUSUF KIZILIRMAK
- Phone:
- 757-477-5910
Listing Details
- Listing ID:
- 09703f75-2207-46c6-b982-24a130f605bc
- Source Listing ID:
- 2411733
- Deal Status:
- For Sale
- Last Updated:
- September 17, 2025
- Currency:
- USD