Raymour & Flanigan Real Estate - New Store Criteria

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	STORE CRITERIA Raymour & Flanigan will lease or buy properties that can: accommodate a 35,000 - 60,000 SF furniture store in Suburban markets accommodate a 25,000 - 35,000 SF furniture store in the Boroughs The criteria include: (i) second generation space in a retail shopping center (ii) stand-alone existing building (iii) new construction - ground-up projects Note: Raymour & Flanigan can operate in single or two level showrooms in Suburban locations and will consider two level stores in Borough location. This design can include mezzanine space or basement space. Raymour & Flanigan Growth Areas Raymour & Flanigan continued to grow despite one of the worst economic recessions in history, and opened 6 new showrooms in 2009. Three new locations were former Linen N’ Things converted to Raymour & Flanigan Furniture showrooms, (Columbus Boulevard in Philadelphia, Secaucus, NJ; Coney Island, NY). In addition to Brooklyn, two other Borough showrooms were opened this year. Bronx Terminal Market Store opened August 2009 and the Metropolitan Avenue, Queens, NY store opened March 2009. On November 27, 2009 Raymour & Flanigan opened 66th & Broadway. The former Circuit City location is Raymour & Flanigan 3rd Manhattan location, but is now the Manhattan flagship store. Projects on the board for 2010 include new stores in White Plains, NY, North Attleboro, MA, and Patchogue, NY. Raymour & Flanigan’s aggressive expansion has made the company the largest furniture retailer in the Northeast with over $1 billion in sales. Expansion will continue in markets under the current footprint. Raymour & Flanigan has no plans for stores outside their existing markets.
7248 Morgan Road \| Liverpool, New York 13088 \| Phone: (315) 453-2500 \| Fax: (315) 453-2570 \| Send us an Email

STORE CRITERIA

Raymour & Flanigan Growth Areas