Upholstery Business
Location Connecticut,United States
Asking Price Range $250K - $500K
Gross Revenues $521000
Net Profit / Cash Flow $120000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1981
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
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.
Reason for Sale Owner wishes to retire.
Description Very reputable and established upholstery business for sale - 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 4,500 sq feet facility. Ability to add additional 10 to 15 units per week with 1 ft. and 1 pt.
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