Connecticut Business For Sale

High Profit Drapery Workroom: Highly Publicized

Thomaston, CT

Manufacturing: Home & Office Products

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$110,000
$500,000
Not Disclosed
Not Disclosed
none
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1979
4
60328224

Business Overview:

This drapery workroom is a highly successful trade workroom serving designers, decorators and architects, established in 1979, serving a client base in Southern New England and New York City area with jobs ranging to Canada, Florida, Texas and California. With work appearing in 5 hard cover books and numerous trade journals such as Architectural Digest, House Beautiful, H&G; with a cover shot on House and Garden, a list of celebrity clients, and a strong designer client base for repeat work year after year, this workroom can start you at the top of your game with plenty of room to grow. Steadily growing gross revenue with 6 jobs on New York's Park Avenue in the past 3 years augurs climbing profits over the next few years. Buy now at a reduced price; this "rock solid" reputation business will easily be worth twice as much within a couple of good years.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Housed in the historic 19th century Seth Thomas Clock Factory, which is now Seth Thomas Industrial Park, at 1275.00/month, this leased space, provides 2400 square feet of workroom space, which is highly organized for efficiency, divided between hardwood floor woodworking/painting shop and carpeted drapery/fabric shop. This workroom has commercial overhead steam ironing systems, compressed air staplers and nailers, an automated fabric-checking machine and includes every tool an established drapery workroom should have. This workroom also boasts a unique , highly customizable, measuring and mock-up board that rises to 12 feet above the floor. It also includes two to three offices, with computerized bookkeeping and high speed internet service, a pleasant eatery and a large storage room. With 13 foot high ceilings and surrounded by glass on three sides, this fourth floor workspace is bathed in light and surrounded by views of the beautiful hills of Northwest Connecticut.

Market Competition and Expansion:

A recent study has shown that this workroom has generally not been affected by economic trends and is not highly dependent on the housing market. With practically unequaled quality and a reputation for the highest standards of service, (which is easily demonstrable in light of its numerous published works spanning over 20 years), and long-lasting relationships with our designer clients, this workroom has the stability of a well-established business. Most small businesses fail within 5 years; 30 years in business is indicative of a solid claim on market share, which is not likely to change. Furthermore, this business has always been able to expand its client base, at will, implementing its own, proven-effective, minimal advertising strategy.

Reason for Selling:

Moving away from area.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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