Iconic Palm Beach County Fabric And Design
Not Disclosed, FL Palm Beach County
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- RE: Iconic Palm Beach County Fabric And Design
- Contact: Alan Pattee
Quick Facts
| Asking Price: | $3,500,000 | |
| Annual Revenue: | $2,245,142 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $661,685 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1959 | |
| Employees: | 12 | |
| BBN Listing #: | 1012154 | |
| Broker Reference #: | 6401319075 |
Business Overview:
Rare opportunity to acquire premier 60 plus year old Palm Beach County legacy Fabric and Design business. Iconic name and reputation, newly relocated to 8000SF Retail Showroom, Design and Fabrication space, offering exclusive and luxury Fabrics, Draperies, Wallpaper, Upholstery services, branded indoor and outdoor Furniture, Bedding and Home Accessories; Plus In House tenured Design Services offer an exceptional one stop resource for both homeowners and design professionals.
Turn Key operation led by 11 tenured Team members, from sales/design, fabrication and installation. Includes $1.1M in inventory, with exclusive access to worldwide vendors curated over 6 decades. New Showroom buildout, with favorable 10 year Lease in Central Palm Beach's prime area of new luxury residential and commercial growth. All fixtures, furnishings, equipment and decades built customer base included. Unparalleled reputation and goodwill, high margins, repeat loyal clientele, and steady pipeline of custom work, provide a unique opportunity to carry on this legacy for the next generation.
For more information on this business for sale contact listing agent Alan Pattee. Please refer to listing #6401319075.
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:
Lease/Month: 15079
Square Footage: 7700
Building Type: Storefront
Terms & Options: NA
Expiration Date: 8/31/2035
Market Competition and Expansion:
Miles: 50
Years: 2
Reason for Selling:
Retirement. 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
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