Fine Furniture Restoration Stripping And Repair Services Business For Sale

Business description

This incredible California based business specializes in restoring furniture, primarily fine furniture and antiques. Most of the furniture they work on was made during the period from the mid-nineteenth century through the mid-twentieth century. They have worked on a number of even older pieces, some they believe to have been over 300 years old. 1. They also work on a large number of more recent pieces. This business is happy to help their customers with a broad range of needs related to furniture and woodwork, including architectural woodwork, cabinetry and doors. Their intention is to provide excellent service to their customers with accurate and helpful information when called for, and in all cases to restore the furniture or woodwork with which they are entrusted to a condition of beauty and usefulness. In addition to the work on furniture done in the shop, this business has a service arm which specializes in the touch-up, repair and refinishing of wooden surfaces in commercial settings. There are several other companies that offer these services, but this company is known as the preferred choice when the finest craftsmanship is desired.

As an endorsement of their abilities in the restoration of valuable items of furniture, they have been selected to restore a number of the pieces now on display in several museums! They have been a Better Business Bureau Accredited Business since 1995 and have been awarded an "A+" rating by the bureau. They have a unique permit in California allowing them to legally apply historical finishes on antique furniture. This California business for sale takes pride in their work and it shows in the way the shop is maintained as well as the quality service that continues to bring customers in again and again. This fine business for sale is a great opportunity to take a business that is already successful and build on that foundation to secure your future.

Products and Services Offered
As percentages of sales, 75% of this shops income is derived from repair, restoration, refinishing, stripping and reweaving furniture while 24% is for on site touch up and repairing wood surfaces and the remaining one percent is for miscellaneous services.

Inventory and equipment included in the sale.

Property information

Real Estate:

Lease

Premises details:

This leased building is 3,800 sq ft. it consists of a 3,350 sq ft work area, 300 sq ft of office space and 150 sq ft break room. Relocation is not recommended. However, there is room for expansion.

Other information

Expansion potential:

Growth and expansion opportunities for a new owner may include setting up booths at home shows and antique malls, buying antique furniture for restoring in the shop and then resale, and developing remote sales locations. Remote sales locations could sell items restored in the shop and accept orders for furniture to be restored in the shop. Adding a pickup and delivery service in conjunction with remote sales locations could enhance volume. There is a local company which has already expressed interest in being a remote sales location for their stripping and refinishing services. A new owner could develop this profitably. Leveraging the new stripping system to increase volume and profit is in process and a new owner could see significant growth by continuing and increasing this effort. The field component of the business is beginning to recover from the effects of the great recession. All past customers have been recontacted this year but marketing efforts targeted at potential new accounts could bring significant growth in the field service part of the business.

Competition / Market:

The reputation brings customers to this fine establishment. Quality work, honesty & reliability bring customers back! Their advertising strategy has stayed current and is very effective against any competition that might arise. In fact they utilize print media, radio, social networking, and two websites to represent the company as well! This business understands the attention to detail needed, the unique requirements of antique furniture, that gives them integrity and has kept the business successful over the last 20 years!

Support & training:

Owner is willing to stay on for a short transitioning. The current owner is also willing to stay for another five months in a 1099 position if the new owner requires.

Trading hours:

Days: Monday-Saturday
Hours: 8:00am-5:00pm, Saturday 9am-4pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Up to 30%.

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$3,500 (included in the asking price)