Custom Upholstery and Furniture Manufacturing Business

Greenville, SC (Greenville County)

Custom Upholstery and Furniture Manufacturing Business

Asking Price:$495,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$25,000

Inventory:$50,000

Established:1973

Custom Upholstery and Furniture Manufacturing Business

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Business Description

This is a unique opportunity to purchase an established (40 + years) custom upholstery and furniture manufacturing business. The owner has a great reputation in the community and has an extensive customer base. The owner is willing remain active in the company in order to train the new owner and assist with growth plans. The business has several revenue streams including custom made furniture for both individuals and businesses, fabric sales, furniture manufacturing, and custom upholstery. The owner would be open to an earn out agreement for a portion of the purchase price. This is an incredible opportunity to purchase an established business with huge growth potential.

Detailed Information

Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business has been in operation for 45 years.
Competition:
Business owner has an excellent reputation in the community. Most of the customer base is repeat business. Owner has to turn down work because of demand.
Growth & Expansion:
Opportunity for a new owner to come in and learn the business from the current owner. Current owner willing to stay to help new owner build the business. Current owner also willing to take a significant portion of the purchase price under a earn out agreement. Significant opportunity for the right buyer.
Support & Training:
4 weeks
Reason for Selling:
retiring

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Mark Madden

Business Listed By:
Mark Madden

Transworld Business Advisors

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