Amazing Opportunity for Business Ownership

Plano, TX
Collin County

Asking Price: Annual Revenue:
$79,000 $39,821

Services: Non-classifiable

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RE: Amazing Opportunity for Business Ownership Broker: Tiffany Swartz

Quick Facts

Asking Price: $79,000
Annual Revenue: $39,821
Net Profit: Not Disclosed
Cash Flow: $19,146
Total Debt: Not Disclosed
FF&E: $18,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 113550429
Broker Reference #: 52941-66370

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Business Overview:

An awesome business that specializes in the repair, restoration and renewal of leather, plastic, vinyl, fabric and upholstery. With a rich history that dates back to 1985, they manufacture a highly-specialized proprietary product line and have pioneered the repair techniques and exclusive color matching technology that their technicians use every day. Their products, techniques and color matching technology are what sets them apart and what has made them a leader in the industry.

There is a lot of growth potential in this business to make it even bigger than what it is! Many people are restoring older vehicles, furniture and other antique items to it's original look! Wouldn't you like to be a part of making someone smile when they look at that old sofa or car stored in the garage!?

This business was purchased about 18 months ago. Current owner has spent money marketing with Google, but more extensive marketing in the community would greatly increase sales! Current Owner does have a 2008 Honda Odyssey that is fully wrapped with the company logo that is included with the sale along with $5000 in start up equipment! Everything you need to start your new business and have the opportunity to give people back memories of damaged or aged furniture and other items! Bring the classic back in with a BANG!!

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Property Features and Assets:

Franchise was established in 1987 and now has 170 Nationwide and 240 Worldwide. This territory was opened in 2015.

Market Competition and Expansion:

Fibrenew is a niche market business which offers consumers and businesses a ‘green’ alternative to the replacement of damaged leather, plastic and vinyl. Everyday, this saves hundreds of items from ending up in landfills. Their repair process and techniques also saves customers time and money. Restoration by Fibrenew is often times more economical than the cost of replacement and can be completed faster than the time it takes for replacement materials to be ordered or delivered. It’s win-win. More marketing, networking and community involvement could increase sales tremendously!

Reason for Selling:

Career change

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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