Established Custom Upholstery Business for Sale in Austin, TX
Price:$395,000
Location:Austin, TX
Industry:Upholstery
Listing ID:AUSTITX001-52551
DESCRIPTION:
A well-known, profitable custom upholstery business is for sale in Austin, Texas. This is an unusual opportunity to acquire an established business with decades of outstanding reputation, five-star reviews, and talented staff. The business serves designers, architects, builders and homeowners, transforming favorite pieces and customizing new pieces to complete gorgeous interiors. Stunning selection of fabrics, trims and adornments. The shop is well equipped with commercial upholstery machines and tools. The owner has been preparing for retirement and is primarily in an oversight role. The business is prime for growth with a new owner who has an affinity for design as well as a business mind to manage growth and expand the business. Austin remains in a high growth mode, with no sign of slowing down. The business has thrived with word-of-mouth referrals and an excellent reputation, and there are ample opportunities for growth. The owner will assist in the transition to new ownership, and is open to some seller financing for a well-qualified buyer and ample down payment. Contact us today for more information at info@sunbeltaustin.com
LISTING DETAILS:
Total Sales: $772,062
Cash Flow: $154,200
FFE Included: Yes
FFE: $34,175
Reason For Sale:
Retirement
Training & Support:
Seller will negotiate training and transition period for new management
OPERATION:
Year Established: 2000
Days & Hours of Operation: 9am-4pm, Monday through Friday
Employees: 5FT, 2PT
LOCATION:
Monthly Rent: $3,445
Square Footage: 2,000
Facilities Information:
Leased space with small offices and large workroom
SUMMARY:
Competition:
The business is not hurt by competition, as there is an abundance of business
Potential Growth:
Several clear pathways for growth are detailed in the CIM
Financing/Terms:
Owner willing to finance with well qualified buyer and ample down payment.
