Furniture Repair & Restoration- $145K Cash Flow

Not Disclosed, NJ

Asking Price: Annual Revenue:
$274,500 $556,000

Retail: Home Furniture & Furnishings

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RE: Furniture Repair & Restoration- $145K Cash Flow Broker: John Inzilla

Quick Facts

Asking Price: $274,500
Annual Revenue: $556,000
Net Profit: Not Disclosed
Cash Flow: $145,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 8
BBN Listing #: 1584955
Broker Reference #: 3401-16304

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Business Overview:

Buy now with only $54,900 down!

The business operates a full service wood restoration shop in Central New Jersey. This shop is co-located with a furniture showroom where antiques and quality used furniture are offered for sale. The work of this business has been featured in several publications notably Martha Stewart Living and New Jersey Design Monthly.

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Property Features and Assets:

Operations take place at a 4,000 square foot facility with frontage and ample parking on busy street in a high traffic area with good foot and vehicle traffic. The leased facility consists of a showroom, workshop areas for woodworking, assembly, finishing and drying as well as warehouse space for storing finished product and work in process. Assets = $60,409.

Market Competition and Expansion:

High quality wood refinishing and antique restoration is a specialized skill which significantly reduces competition. Only businesses with experience, referrals and the skill to handle family heirlooms or highest quality furniture will be trusted to repair or restore these items. Leveraging the well know and established name and reputation of this business, there is unlimited growth potential. Additional retail locations can be established which can also act as drop locations for repairs. With a small budget for advertising and a stronger online presence, services can be promoted to increase business and future referrals.

Reason for Selling:

Owners are retiring.

Additional Details:

  • The property is leased.
  • 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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