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- RE: Furniture Restoration And Manufacturing Recession
- Contact: Sherrye Coggiola
Quick Facts
| Asking Price: | $498,000 | |
| Annual Revenue: | $666,072 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $153,876 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $290,802 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1988 | |
| Employees: | 12 | |
| BBN Listing #: | 1010031 | |
| Broker Reference #: | 52661-529228 |
Business Overview:
This is a rare opportunity to acquire a vertically integrated furniture enterprise with a diversified revenue stream. While the business excels in custom upholstery and design, its "crown jewel" is its robust Restoration & Reupholstery division. This segment leverages long-standing relationships with insurance carriers and restoration contractors, providing a consistent flow of high-margin work that is recession and AI-proof.
Asset rich and nearly 4 Decades in operations makes this business the ONE we are all seeking. Diversified customer base from B to C, B to B, and high end designers- where will you take it next?
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Property Features and Assets:
In 2004, current CEO purchased the company which was started in 1988. Under his leadership, the business model shifted from a simple upholstery service shop to a comprehensive manufacturing powerhouse.
Current owner launched the custom manufacturing division, allowing the company to design and build its own custom furniture line rather than just reupholstering existing pieces.
This shift led to rapid expansion, quickly outgrowing the original space as demand increased for both custom builds and high-end restoration.
The company reached a major milestone in 2010 when it purchased three acres and a dedicated manufacturing facility
The new plant provided the space to scale every division, from residential upholstery to commercial hospitality and healthcare contracts.
The brand's reputation for quality reached the highest levels of government, including projects for the White House.
Today, the business is a dominant player in the Southeast, uniquely positioned at the intersection of artisanal craftsmanship and high-margin insurance restoration.
Market Competition and Expansion:
The growth trajectory of the restoration division is a compelling aspect of this acquisition. Going from $30,000 in 2023 to over $200,000 in 2025 represents a 566% increase in just two years.
This explosive growth proves that the "restoration-led" model is a high-velocity revenue engine that is currently transforming the business’s bottom line.
Focusing on this segment allows for recession resistance.
While luxury custom builds may fluctuate with the economy, insurance-funded restoration is non-discretionary.
With restoration now approaching nearly half of total revenue, the business has successfully transitioned from a traditional retailer to a specialized service-and-solutions provider.
By aggressively pursuing formal contracts with major insurance carriers and national restoration franchises, the business can move to a "proactive" automatic referral pipeline.
There is a massive untapped market of homeowners who own high-quality "legacy" furniture that is structurally sound but aesthetically dated.
A dedicated marketing campaign focusing encouraging clients to restore high-quality older frames rather than buying new, lower-quality imports. Allowing for a focus on a world wide eco friendly trend of reduce, reuse,recycle.
The US furniture repair and restoration market is currently valued at approximately $2.1 billion and is projected to reach $4.3 billion by 2032, growing at a robust CAGR of 7.1%.Three major tailwinds are driving this growth:The Circular Economy: 75% of US homeowners now prefer "repairing and upcycling" over purchasing "fast furniture" due to environmental concerns and the rising costs of new high-quality goods. The insurance restoration sector is expected to exceed $4 billion in gross sales in 2025. Increasing weather-related claims (fire/water) are creating a permanent, high-volume pipeline for furniture mitigation. There is a shortage of skilled artisans in the US. This "skills gap" acts as a massive barrier to entry, making an established business with a trained team like this a highly valuable, asset.
Reason for Selling:
Other interest. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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