Established Upholstery and Custom Furniture Shop
Don't miss out on the opportunity to buy a well established, decades-old residential, commercial and marine upholstery and custom furniture shop with nothing but growth potential.
Absentee ownership in another State just hasn't been the best option. Previous on-site Manager wasn't a good fit. Let the Owner's choice to sell be a BIG WIN for you. Incredible, experienced staff would more than likely stay with the new owners. Some have been employed with the company for almost 20 years!
Asking a low price of $75,000.00 and Owner is motivated and willing to help transition to the new owners. Price includes all fixtures, equipment (wood shop tools included), delivery box truck, full fabric showroom and samples, brand new VoIP Phone System, web site and social media presence, computers, client lists, and a very competent team of employees. Just walk in and take over. Great bolt-on for another upholstery shop in the region, and Interior Designer, or related industry retailer.
Clientelle includes higher-end residential customers, Interior Designers, Hotels, restaurants and more. The present Owner does NO advertising, but with some outreach this business, in this area would easily double sales and profit.
Owners will fully support new Buyers during the transition. The Shop is open five days a week, and the Fabric Showroom, during "season" is open a few hours on a Saturday.
There are two other Upholstery Shops in the region, but this company has long-standing name recognition in the area. There is incredible growth and expansion within 5 miles of the shop's present location, and is in one of the fastest growing sections of the Gulf Coast of Florida. The business NEEDS local ownership. The business can only grow with an active Owner-Manager on site, or close-by.
The building in just months into its first year of a five-year lease with local, supportive landlords.
Financials (USD)
Asking Price $75,000
Cash Flow $150,000
Sales $1,300,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Yes
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? No
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