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...Read More »
In recent years, the strong housing market has driven record growth in the new furniture industry. Furniture stores have profited from this growth through increased sales. One way you can profit from this growth is by purchasing a furniture store. If buying a...Read More »
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...Read More »
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...Read More »
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...Read More »
