Fairfield County Upholstery Business For Sale

Business description

DRASTIC PRICE REDUCTION FOR QUICK SALE! OWNER WANTS TO RETIRE THIS FALL. Very reputable and established upholstery business - Leader in local market. 28+ year old company with strong, experienced staff in place. The owner is in his late sixties, and wishes to retire. Much growth potential for new owner.80% of the revenue is generated from individual consumers; the remaining comes from steady orders through bigger chain stores. On an average, the upholstery shop works on 15-20 units per week from a 4500 sq feet facility. Ability to add additional 10 to 15 units per week with 1 ft. and 1 pt.

Property information

Real Estate:

Lease

Premises details:

The business is located in most affluent area of Fairfield County. The 4500 sq ft facility (one of the largest in the area) contains a huge quantity of quality fabrics and foam in stock. Includes one van used for pick-up & delivery. There is an additional 1000 sq ft available if new owner wishes to grow.

Other information

Expansion potential:

The business is has a strong hold on the very affluent towns of southern Fairfield county. It uses its low overhead to maintain very profitable margins. Tremendous opportunity to grow. Owner has done very little advertising. Most of the business comes through word of mouth. Owner has been doing this a long time. A new owner with marketing experience and energy can continue to build this business.

Support & training:

The owner will stay on for an agreed upon time. Training would be tailored according to buyer’s knowledge of the business. Transition could be up to 3 months. New owner can also learn from some of the long term employees.

Reasons for selling:

Owner wishes to retire

Financing available:

TBD

Furniture / Fixtures value:

$6,500 (included in the asking price)

Inventory / Stock value:

$3,000 (included in the asking price)