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Successful Commercial / Residential Upholstery Biz
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $328000
Net Profit / Cash Flow $67649
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1980
Number of Employees 6 - 9
Inventory 27000
Relocatable Yes
Number of Employees 6 - 9
Real Estate Owned
Training Will train for 2 weeks at no cost.
Reason for Sale Owner is retiring to their newly built home up north.
Description Highly Successful furniture/upholstery business for sale. This fluid operation for decades with long term employees in place, makes for an easy transition and continued success for the NEW Owner with ever increasing profitability. A total of 5 quality craftsman will remain with the business and over 2000 residential customers and over 180 commercial clients. Located on a main Highway, this business has plenty of parking, easy access for deliveries and high street presence for retail customers. Low rent of $1,200. mo for this 1920 sq/ft building. Upon the possibility of a future sale-----Seller is offering to Buyer that he shall have ''first right of refusal'' to purchase building and property. Long term employee supervises the shop as the Owner takes care of PR, pickups and some deliveries. The reputation of this business for supreme quality is held in extremely high regard by their Vendors, Designers, Retail customers, Commercial Accounts, Wholesale clients and the public as a whole. They are most always the first supplier of preference when people think of their upholstery needs.
As the quality providers in this business retire----the upside for this Owners Business becomes brighter $ every day. He continues to see increased growth on the Commercial side of his business. This is generally more profitable as the ease of often working on repetitive items allows for faster production. With Staff in place, this allows a new Owner great upside potential.
Sales Price: $170,000. Contact: Don Hulling. Phone: 727-725-7090.
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