Profitable Upholstery Service and Interior Design Services
This business is located in Flowood, MS with a population of approximately 400 thousand residents. The traffic count is 20 thousand cars plus per day.
After about 50 years in business, we are established in the residential and commercial areas. The company’s main focus is on window covering and furniture upholstery, and it also provides interior design services. This is supported by a furniture inventory of approximately $300,000, which is all current for today’s market. Our staff is totally professional and competent with many years of
experience in the business.
This has always been a family owned business. All businesses have some kind of competition; however, our business has carved a special niche in the market that continues to work year after year. We have several large commercial accounts that have been loyal for more than 25 years. It is believed that these accounts will remain with the new owner, mainly because of the solid relationship that the company has always worked to maintain and service. Also, no one else in this area can provide the diversity that our business can.
After years in the industry, the owners are ready to retire and pass this profitable business to the right buyer. Not one year in the history of this company has it proved to be not profitable.
The employees have all indicated that they will stay and help the new owner through the transition and beyond. The current owner has also indicated that he would help in any way possible with the transition.
The new owner will also inherit all projects, purchase orders and contracts. At any given time this could be $100-$300 thousand in current jobs. On a final note, the current owner and staff are convinced that the company is poised to reach the next level, mainly due to their adapting to the changes in the market. The company is directing more of its efforts toward the commercial customer base.
Financials (USD)
Asking Price $1,075,000
Cash Flow $386,134
Sales $1,836,245
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? No
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.
Request Information
Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.
Sign Up

