Furniture Reupholstering & Refinishing Business

Not Disclosed, FL
Indian River County

Asking Price: Annual Revenue:
$299,000 $501,733

Manufacturing: Furniture, Fixtures Manufacturing

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RE: Furniture Reupholstering & Refinishing Business Broker: Steve Fenton

Quick Facts

Asking Price: $299,000
Annual Revenue: $501,733
Net Profit: Not Disclosed
Cash Flow: $291,378
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 3
BBN Listing #: 524811185
Broker Reference #: 170-02862

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Business Overview:

AMAZING 2019 AND 2020! Serving the affluent market since 1992 by second generation. Highly skilled craftsmen refinish, reupholster, and build quality furniture for repeat clients, designers/decorators. Owner will stay on for a period to assure smooth transition. Real estate is available, or seller will provide new lease, terms to be negotiated. All tools and equipment needed to operate the business are included. Always a pipeline of work due to outstanding reputation in the community. $36,000 annual rent adjustment has been deducted from net earnings. Financials show 2020 Partial Year as of 11/05/2020.

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Property Features and Assets:

Real Estate: $525,000 (Available; not included in asking price). Lease/Month: $3,000. Square Footage: 4,170. Building Type: A/C Industrial. Terms & Options: Negotiate New Lease. Expiration Date: 1/1/2023.

Reason for Selling:


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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