FurnitureDoctor.com
Burbank, CA Los Angeles County
Request More Information Contact the Seller
- RE: FurnitureDoctor.com
- Contact: Larry Kozin
- License #: CA DRE #00990412
Quick Facts
| Asking Price: | $199,000 | |
| Annual Revenue: | $2,000,000 | |
| Net Profit: | $200 | |
| Cash Flow: | $150,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1982 | |
| Employees: | 1 | |
| BBN Listing #: | 81564908 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
FurnitureDoctor is a company that sets up entrepreneurs in the furniture repair business that has taken off over the last 10 years, as the quality of new furniture quality continues to plummet due to furniture manufacturing exiting the United States in favor of cheap labor in China and other countries in Asia.
Revenue streams include, but is not limited to:
~License Revenue
~Wholesale Sale of tools
~Warranty Premiums
FurnitureDoctor is in partnership with iDealFurniture and Nationwide Buying Group with over 4,000 locations and also contracted with the FurnitureChamber of Commerce.
The company was poised for massive growth and the pandemic put the furniture business on hold and now the business is peaking!
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
This is a low overhead business with sales reps working from home on straight commission with huge upside potential.
Market Competition and Expansion:
Furniture Medic is our major competitor that is an overpriced franchise model and requires the purchase of very expensive equipment and handles high-end furniture restoration. FurnitureDoctor on the other hand focuses on everyday is easy repairs that are affordable and generally paid for by the store that sold the furniture as it is more cost effective than shipping back to mfg. The warranty piece is a miilion dollar per month potential add-on The owners can stay on as partners or business sold out right for $199,000 and stay involved as the sales organization.
Reason for Selling:
Parent Company went Public and spinning off. Kindly ask the seller for more information.
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
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
