Property profile

0 Boconcept – An Award Winning International Furniture And Life Style Brand Seeks Franchisees New York, NY 10001

OFF-MARKET
Lifestyle centers
Built 1952
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Property summary

AI-generated overview

This exceptional opportunity presents the acquisition of an established BoConcept franchise in New York City, NY. Located in a prime shopping center within the 10001 zip code, this retail space, built in 1952, is offered at $800,000. BoConcept, a globally recognized brand with over 300 locations in 60 countries and a 70-year history, offers a proven franchise model with high customer loyalty and repeat business, leading to strong cash flow generation. This franchise presents a low-investment, high-EBITDA opportunity with a significantly stronger return on investment than many comparable franchise concepts. The franchisor provides comprehensive support to its partners, ensuring a smooth transition and ongoing operational assistance. The franchisee will benefit from a well-established brand, a regularly updated product line of contemporary and modern furniture, and a refined franchise system honed over 30 years. Existing BoConcept stores are strategically located in high-end malls and upscale neighborhoods, reflecting the brand's commitment to premium locations. This franchise is ideal for multi-unit operators with the financial capacity to expand within a designated territory, contributing to the brand's ambitious growth strategy of at least doubling its US store presence in the next five years. The opportunity includes a turnkey system, minimizing start-up challenges and maximizing potential for rapid success.

Property profile

Verified
Property type Lifestyle centers
Year built 1952

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Boconcept – An Award Winning International Furniture And Life Style Brand Seeks Franchisees New York, NY 10001
New York metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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