Business Overview:
Serving the Central Midlands region for a decade, this Company is a franchise furniture repair business specializing in on-site repairs for residential and commercial furniture and cabinet repairs. The Company’s focus is on wooden furniture repair, but they have also done front doors, hardwood floors, and cabinet refacing, repainting and clean/restore.
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Property Features and Assets:
The company is a home-based company. Most of the repairs are performed on-site with about 25% performed in a shop at one of the owners' residences. Most of those repairs can be performed on-site as well.
Assets = $18,615
Market Competition and Expansion:
Locally, their main competition is Colonial Woodworks because they service moving claims and will do some work at residence. Other Furniture Restoration Services provide excellent service, but primarily stay in-shop.
According to the present ownership, maintaining the current staffing, the Company expects revenues to stay at the present level with increases due to inflation at the least. As the parent company promotes kitchen cabinet restoration they expect additional work in this high margin area.
Reason for Selling:
Owners to pursue other interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is a franchise resale opportunity.
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