Cherry Hill store offers furniture deals

November 17, 2008 1:31:35 PM PST
A red leather sofa and loveseat that regularly retail for close to $3000 sold at the Consignment Furniture Gallery in Cherry Hill for $899.

The roomy storefront on East Marlton Pike is full of similar bargains.

Most of the inventory here is consigned by homeowners who are moving or redecorating. The prices are 1/3 to 1/2 of new retail. The consigners get 40%. The store keeps 60%.

Other pieces at the Consignment Furniture Gallery are brand-new.

Owner Jeffrey Cofsky explains that he buys new items that are close-outs or discontinued lines from furniture retailers, and then discounts them.

For example, he bought 15 black leather chairs that retailed for $399. He's selling them for $199 each.

He adds that inventory turns over quickly, with the average item selling in about a week-and-a-half.

If consigned items remain on the floor for 60 days, they are discounted some more, about 10% each week.

The store is open seven days a week and consignments are accepted every day. Potential consigners can email furniture photos into the store for estimates. And the store will pick up from consigners' houses.

For more information, check out the Consignment Furniture Gallery website.


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