Custom Upholstery and Furniture Manufacturing Business

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Business Description

This is a unique opportunity to purchase an established (40 + years) custom upholstery and furniture manufacturing business. The owner has a great reputation in the community and has an extensive customer base. The owner is willing remain active in the company in order to train the new owner and assist with growth plans. The business has several revenue streams including custom made furniture for both individuals and businesses, fabric sales, furniture manufacturing, and custom upholstery. The owner would be open to an earn out agreement for a portion of the purchase price. This is an incredible opportunity to purchase an established business with huge growth potential.

About the Business

Year Established:
1973
Number of Employees:
1
Facilities:
This business has been in operation for 45 years.
Market Outlook/
Competition:
Business owner has an excellent reputation in the community. Most of the customer base is repeat business. Owner has to turn down work because of demand.
Growth & Expansion:
Opportunity for a new owner to come in and learn the business from the current owner. Current owner willing to stay to help new owner build the business. Current owner also willing to take a significant portion of the purchase price under a earn out agreement. Significant opportunity for the right buyer.
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About the Sale

Reason For Selling:
retiring
Training/Support:
4 weeks

Listing Info

Keywords:
furniture, manufacturing, upholstery
ID:
1277645
Ad Detail Views:
1010
Asking Price:
$495,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$50,000
included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Mark Madden

Transworld Business Advisors

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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