Profitable Fabric and Design Business

Not Disclosed, OH


Asking Price: Annual Revenue:
$340,000 $718,179

Retail: Home Furniture & Furnishings


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RE: Profitable Fabric and Design Business Broker: Jason Poot
Owner Financing is Available!
51000.00

Quick Facts

Asking Price: $340,000
Annual Revenue: $718,179
Net Profit: Not Disclosed
Cash Flow: $131,573
Total Debt: Not Disclosed
FF&E: $114,990
Real Estate: Not Disclosed
Year Established: 1971
Employees: 6
BBN Listing #: 921749902
Broker Reference #: 84541-951625

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Business Overview:

For nearly 50 years this outstanding business has been serving the Ohio market with their retail business. In 2005 they added an online distribution option and are currently servicing clients in all 50 states through their e-commerce channel.

Products the business offers: drapery and upholstery fabrics, decorative trims, pillow forms, foam and batting, drapery supplies, upholstery supplies and tools, sewing notions. Additional services include furniture re-upholstery, cushion re-stuffing, cushions and window seats, custom pillows, bedding, window treatments, measuring and installation, pickup and delivery.

The business employs 4 part time and 2 full time employees; which includes an Office Manager. The current owners are willing support the buyer training but are looking forward to enjoying retirement and traveling to see family and friends.

The primary financial addbacks include owner compensation, and EBITDA addbacks. A detailed confidential business review is available after the completion of a non-disclosure agreement and buyer profile (or other proof of funds statement).

The business is SBA Lender Pre-Approved at full list price by multiple lenders. Lender Pre-Approval information is available upon request.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The business was founded 1971 and sold to the current owners in in 1997. The current owners are the third to own the business. The store relocated in 2004. The move increased the stores square footage by 33% which allowed for increased selection of in-stock fabrics, special order fabrics, and to create an upholstery shop in the back of the store.

Market Competition and Expansion:

1 Local competitor and multiple online competitors.

Reason for Selling:

Retiring

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.

Relevant Links:

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