Summary
- Asking price:
- $79,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $121,388
- Cash flow:
- 0 - $250k
- Years established:
- 12
- Employees:
- 2 FT/3 PT
- Relocatable:
- This business can be relocated.
Business description
Excellent opportunity to step into a unique niche business that has been in the same location for 12 years. This high end specialty business does custom fabric, furniture and décor items for homes, businesses and organizations. In addition to the custom work the business also has a large retail component that has become known and continues to grow because of the heavily trafficked location. There are currently three employees that work in the business on a part time basis. The business has a great niche and a reputation has been developed on being able to satisfy the specific needs of their customers. All fixtures and equipment necessary to run the business go with the sale along with two websites and an ebay store that are discussed below. Training from the current owner is also included. This business would be a great fit for someone with an affinity for design and decor that has always wanted to run their own business. The company is still owned and operated by the founder who now wishes to move on to other ventures. The owner is very motivated to sell and as such the company has been priced to sell, well below the value of the inventory and other hard assets that a buyer will receive.
Property information
- Location:
- The business is in a fantastic location that is very heavily trafficked. It is in a high end strip center in an area that is very heavy in retail businesses. This affords the company an opportunity for a great deal of walk in business. In addition this business is a conveniently located destination point for many customers from surrounding communities that come to Springfield for dining, shopping and entertainment.
- Size in square feet:
- 3,400
Other information
- Expansion potential:
- There are numerous opportunities for growth that a buyer would be able to take advantage of. The Seller believes that there is great potential for increasing the online side of the business. The company currently has two websites, one of which is an informational site geared more toward local customers and the other for online sales that is synced with the company's ebay store. The other main area of growth potential is the commercial and governmental contracting side of the business which the Seller has been steadily evolving over the past few years.
- Competition / Market:
- There are many other home décor type businesses in the area but none are direct competitors because of the focus that the company has on high end custom fabric applications. The company is known as the place to go for these orders.
- Support & training:
- Will train for 2 weeks @ no cost
- Reasons for selling:
- Other business interests
- Trading hours:
- 10-5:30 Mon-Thur, 10-4 Fri & Sat, Closed Sun
- Furniture / Fixtures value:
- $45,000 (included in the asking price)
- Inventory / Stock value:
- $125,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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