Dec 31, 2024 | Business Valuation, Furniture Store, Selling a Business
In 2024, the market value of furniture stores is $147 billion according to IBIS World. More furniture store owners are choosing to sell because of increasing home renovations. Because of this, selling a furniture store can be a profitable decision. However, it must be...
Apr 24, 2024 | Furniture Store, SBA Business Valuation, SBA business valuations, SBA Financing, SBA Lender, SBA Loans
There are over 48,000 furniture stores throughout the United States. These businesses generate over $25 billion in revenue each year. As such, owning a furniture store can be very rewarding. However, starting, buying, or growing a furniture store often comes with...
Jul 23, 2023 | Business Valuation, Furniture Store
Businesses in the furniture industry sell household, outdoor, and office furniture. In recent years, the furniture industry has experienced healthy growth. This is a result of growing consumer confidence as well as steady demand from the residential market. Moving...
Feb 22, 2023 | Business Appraisal, Furniture Store, Value Drivers
The furniture store industry has a low market share concentration. With only 19 percent of the revenue generated by major players, there is plenty of room for small furniture stores to succeed. With that said, the furniture store industry is very competitive. In...
Jul 22, 2022 | Furniture Store
The furniture industry has experienced its fair share of ups and downs. Many furniture stores are small, locally owned businesses with few employees. In fact, 35% of the furniture market comprises non-employer businesses. Because of this, competition is high. This...
Jun 30, 2022 | Business Valuation, Furniture Store, Valuation Multiples
The furniture store industry includes businesses that retail new furniture including household, office, and outdoor furniture, among others. It can also include furniture sold in combination with major household appliances, electronics, furnishings, or floor...
