Furniture Repair and Upholstery Service

Not Disclosed, IL
Cook County

Asking Price: Annual Revenue:
$119,000 $86,269

Services: Non-classifiable

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RE: Furniture Repair and Upholstery Service Broker: Terry Flanagan
Owner Financing is Available!
$107,100 Down/ $11,900 for 24 months @ 6.00%

Quick Facts

Asking Price: $119,000
Annual Revenue: $86,269
Net Profit: Not Disclosed
Cash Flow: $43,830
Total Debt: Not Disclosed
FF&E: $3,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 1
BBN Listing #: 78154955
Broker Reference #: 4202-15121

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Business Overview:

This business provides on-site upholstery work to many different establishments, including but not limited to restaurants, gyms and doctor’s offices. The company works with major restaurant chains and other establishments to repair torn seating and seat backs in establishments after hours. Business has been running successfully for over 25 years.

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Property Features and Assets:

The business facilities consist of a sewing shop where seat and seat back patterns are measured, cut, sewn and prepared for fitting. Work is then done on-site at location. The space is under 300 square feet. The production activities for this business can be performed in multiple locations including either residential or garage spaces. Assets=$24,200

Market Competition and Expansion:

Current marketing efforts are by word of mouth to new clients and the recurrent needs of existing clients. This segment of the restaurant upholstery repair industry is under served. This is a niche business ideally suited for evening hours and weekend work. Multiple opportunities are available to immediately expand the business. Opportunities exist to position the company with district and regional restaurant management to capture a larger share of the available repair business. Opportunities also exist by expanding into other similar industries in need of seat and fabric replacement such as business office furniture, transportation companies and drinking establishments.

Reason for Selling:

The owner wishes to retire.

Additional Details:

  • The property is owned.
  • The owner is not 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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