Syracuse premier furniture upholstrey company

Nedrow, NY
Onondaga County

6707 South Salina Street


Asking Price: Annual Revenue:
$395,000 $400,000

Services: Professional


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RE: Syracuse premier furniture upholstrey company Broker: Michael Kinney Licensed Broker
License #: Call broker

Quick Facts

Asking Price: $395,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: $200,000
Year Established: 1992
Employees: 4
BBN Listing #: 621040651
Broker Reference #: Icon 2002

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Business Overview:

Thsi is a famous local company Carter upholstrey over sixty years. They own the building and have five long term tenants that with the owner and she does pay rent totals $45,000 a year. Sales seem to be in the area of $350,000 year. This would make a a current owner of a shop even more sales and the rent of building pays for the building. If you are in the business you know of this company. But with out experence they have a very loyal staff in place. Thsi would make a very good family business.

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Property Features and Assets:

Property comes with all of the equipment of the trade and a large bos truck for pickups just had over $10,000 in overhauling. Email for photos and equipment list.

Market Competition and Expansion:

After sixty plus years an always busy good sales and profitable. I am sure you could do more but what’s here is a win win now.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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