Profitable Upholstery Business For Sale
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $639890
Net Profit / Cash Flow $184216
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1978
Number of Employees 4 - 5
Inventory 20000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Current owner will provide training for a negotiable period of time and assist during transition.
Reason for Sale Owner wishes to return to his corporate job.
Description This business reupholsters and refinishes case goods and seating. Business comes from a stable base of local owner / operators, hotels, purchasing companies and designers. Hotels are a great market because they are far less price sensitive than local restaurants, and far more concerned that the project be completed on-time, on-budget with minimal headaches. Most business comes from word of mouth, referrals and repeat business. This business has an excellent reputation and is well-known in the industry. The current owner came out of the computer science industry and purchased this business ten years ago. Experience in this industry is not required. Financial information is for January - October 18, 2012. Asking price is $350,000.
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