52 Year Old Upholstery / Window Covering Business
We have been open and operating under the same ownership since 1970. We specialize in commercial and residential furniture upholstery and window coverings. A large portion of our accounts come from long-term commercial accounts established over 25 years ago. We have 10m very experienced and loyal employees. Gross sales average is 1.75 - 2.0 million annually. The owner is ready to retire. The company is also ready and primed to be taken to the next level under fresh management. The location is by far one of the prime locations in the entire state. The building is 750k or appraised value. The business is 850k. The price includes 300k of good inventory. 400k is what one would expect for annual compensation.
Financials (USD)
Asking Price Between $850,000 and $1,600,000
Cash Flow $400,000
Sales $1,850,000
Deal Terms
Represented by broker? Available On Request
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Yes
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? Yes
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