Average Furniture Store Size and Costs
The average size of a furniture store is 46,100 square feet. Owners need two locations: a showroom and a warehouse. Starting a furniture store is expensive. Pricing for commercial real estate varies by area.
Feasibility studies and market surveys help pick locations. Costs largely depend on store and inventory size. A smaller store may need $200,000. A high-end showroom could need $5 million. Selling furniture online is profitable due to demand from real estate, design, and consumers. The average profit margin for furniture stores is 50%.
Store Size Calculation and Store Types
To calculate store size, multiply total usable square footage by ceiling height. The average grocery store was 40,000 square feet. Modern markets are under 20,000 square feet. Value a convenience store by assets minus liabilities. Most do inventory counts quarterly or monthly.
Estate sales and thrift stores have discounted furniture. Ask in local furniture stores about sales jobs. Kitchen size depends on the restaurant. Standard depth for a wardrobe is 530mm. Storage unit sizes fit different items.
Industry Insights and Manufacturers
The largest furniture manufacturer is Ashley Furniture Industries. High Point, North Carolina is the furniture capital. Office dimensions impact efficiency. Home offices allow more flexibility.