Under Contract - Furniture Restoration Business

Colorado Springs, CO (El Paso County)

Starter Business
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Asking Price: Get Financing: $75,000

Cash Flow: $55,000

Gross Revenue: $190,000

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 2013

Under Contract - Furniture Restoration Business

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Business Description

**** THIS BUSINESS IS UNDER CONTRACT WITH A BUYER****
Independent furniture restoration business with great reputation in Colorado Springs. No experience required. Owner is an excellent trainer and will teach you what you need to know. Advertising has been all but stopped because of the amount of work that is coming in through word of mouth.

Owner is 65 years old and was diagnosed with heart issues earlier this year and seller financing available to qualified buyer.

SBA pre-approved with approx. $10k down.

This is a great "starter business" for someone and it has plenty of room to grow. All details on this opportunity will be provided with a signed Non-Disclosure Agreement & Buyer Qualification Profile.

Detailed Information

Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased warehouse facility
Competition:
There is a strong demand for furniture restoration. Currently, little to no advertising is being done.
Growth & Expansion:
Additional growth available in existing marketplace, but an entrepreneurial owner will learn the business and then "clone" it into additional marketplaces.
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
65 year old owner with heart-related health issues
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Contact the Seller

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Brian Mueller

Business Listed By:
Brian Mueller

Sunbelt Business Advisors - Denver

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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