Seller's Contact Information
- RE: Semi/Full Absentee Wholesale/Retail Fabric Design
- Contact: Jesson Wajdowicz
Quick Facts
Asking Price: | $639,000 | |
Annual Revenue: | $1,409,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $366,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 681956818 | |
Broker Reference #: | 16754-656837 |
Business Overview:
This is a well-established and industry recognized Northern Ca based business that specializes in the design, manufacture, and sale of all of your home fabric needs.
With over 27 years in the industry, this 2 division, Wholesale and Retail business deals in the design and customization of anything fabric related for your home. With a designer showroom offering all major fabric lines and direct fabric sourcing, this company offers both retail and wholesale services and has a full-service showroom filled with displays and the largest selection of designer fabrics within the greater Sacramento area at discounted prices. Averaging between 40% - 80% below all competition within the industry on fabrics & custom labor services, this business has over 200 active wholesale accounts and over 6,000 retail accounts. All custom labor orders are completed onsite in their workshop.
The business has shown steady growth over the last 3 years and has exceeded last year’s sales and profits within the first 6 months of this current calendar year. With tremendous growth opportunities, this company is a gem waiting for the next owner to keep things running smoothly or push this to the next level and grow the business even more. The owner is strictly an overseer of duties performed by the management team in place. The owner has the ability to remove themselves from the operation with all day-to-day work performed by the team in place. This business has the ability to be fully absentee without needing to hire or re-purpose the seasoned staff.
• $334,000 Current Order Backlog in-house (Sold Orders), with 50% deposits ($167,000 Balances currently
due upon order completion)
• $332,000 /- Inventory Cost (Low Side)
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Reason for Selling:
Retiring
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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