Iconic Palm Beach County Fabric and Design

NOT DISCLOSED, Florida

Asking Price $3,500,000 Year Established 1959
Annual Revenue $2,245,142 Reason for Selling Retirement  
Annual P/L $0 Attention Alan Pattee
Annual Cash Flow $661,685 Listing Number 1012154  
# of Employees 12 Business Category Manufacturing: Home & Office Products

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.

Property Features and Assets:

<p>Lease/Month: 15079 </p><p>Square Footage: 7700 </p><p>Building Type: Storefront<br></p><p>Terms & Options: NA </p><p>Expiration Date: 8/31/2035<br><br></p>

Market Competition and Expansion:

<p>Miles: 50 </p><p> Years: 2<br></p>

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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