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- RE: Furniture Restoration
- Contact: Jay Murray
Quick Facts
Asking Price: | $74,500 | |
Annual Revenue: | $73,187 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $36,292 | |
Total Debt: | Not Disclosed | |
FF&E: | $35,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 1 | |
BBN Listing #: | 991284 | |
Broker Reference #: | 2602-18896 |
Business Overview:
This local woodshop specializes in high-quality antique repairs and furniture restorations in Pennsylvania. Established in1995 and under current ownership since 2000, the business has built a solid reputation for breathing new life into cherished furniture and antiques. Services include complete furniture restoration, antique part reproduction, veneering, rush and wicker caning, and stripping. The business differentiates itself by offering affordable restoration services that preserve the sentimental value and extend the life of customers' treasured pieces.
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Property Features and Assets:
The business operates from a compact but efficient workspace consisting of a small main building (approximately 600 square feet) plus two garage bays. This dedicated workshop space houses all the specialized woodworking tools and equipment necessary for furniture restoration, including sanding, stripping, finishing, and painting stations. The business also owns a box truck for furniture pickup and delivery services, adding significant value and convenience for customers with larger pieces.
Assets = $53,500
Market Competition and Expansion:
The furniture restoration industry remains steady with increasing interest in antiques and sustainability practices driving demand.Competition in the area is limited, with few businesses offering the same level of specialized restoration services. This presents a significant competitive advantage for this local woodshop in the local market. The business has established itself as a trusted service provider in a niche with relatively high barriers to entry due to the specialized skills required.
Growth opportunities include:
- Implementing social media marketing strategies to increase visibility and customer acquisition
- Developing partnerships with antique shops, museums, and businesses needing furniture updates
- Expanding service offerings to include custom furniture creation
- Adding educational workshops or classes on basic furniture refinishing
- Increasing geographic service area beyond current marketÂ
- Developing relationships with interior designers and decorators
Reason for Selling:
Owner is retiring after running the business for more than 25 years.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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