Fabrics & Home Decor
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $2400000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1984
Number of Employees 1 - 3
Inventory 1650000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Retirement.
Description This family owned fabrics store has been offering the largest selections of fabrics & trims in Orange County since 1984. They have been offering first quality and designer fabrics & trim at mill direct and discounted prices. Besides fabrics, trim, foam, hardware, supplies, batting, books, hard to find items the business also offers a line of fine furniture & accessories. Services include free in house design, how to classes, and professional custom sewing. This fabric store is an established resource from concept to completion for home decorating fabrics, fine furniture and accessories.
The sales have been over $3,300,000 a year and profits have been over $350,000 just a few years a go. The owner contemplating retirement for a while and is very motivated to sell. At this time the business is help run and fully staffed, from manager to sales clerks to designer and technical workers.
According to the owner, the profits could go up just by taking few simple steps like extending the business hours by 1.5 hours daily and opening the business on Sundays for a few hours, owner staying with the business and eliminating the manager's position, and reduce over staffing. Contact for more information on this Fabric & Home Decor business for sale.
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