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Acclaimed Palm Beach Fabric, Design/ Custom Workroom Business For Sale

Palm Beach County, Florida, US
Asking Price:
$2,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,876,886
Cash Flow:
$419,362

Rare opportunity to acquire premier 60 plus year old Palm Beach County legacy Fabric and Design business. Iconic name and reputation, newly relocated to 8000SF Retail Showroom, Design and Fabrication space, offering exclusive and luxury Fabrics, Draperies, Wallpaper, Upholstery services, branded indoor and outdoor Furniture, Bedding and Home Accessories; Plus in-house tenured Design Services offer an exceptional one-stop resource for both homeowners and design professionals.
Turnkey operation led by 11 tenured Team members, from sales/design, fabrication and installation. Includes $1.1M in inventory, with exclusive access to worldwide vendors curated over 6 decades. New Showroom buildout, with favorable 10 year Lease in Central Palm Beach's prime area of new luxury residential and commercial growth. All fixtures, furnishings, equipment and decades built customer base included. Unparalleled reputation and goodwill, high margins, repeat loyal clientele, and steady pipeline of custom work, provide a unique opportunity to carry on this legacy for the next generation.

Please refer to listing #6401319075.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration Date: August 31, 2035
Terms Options: N/A

Leasehold Rent:

$15,079 per annum

Location:

Leased - Retail

Premises Details:

Retail Storefront

Size in square feet:
7,700

Business Operation

Reasons for selling:

Retirement

Trading hours:

10-5

Employees:
12
Years established:
67

Other Information

Support & training:

4-week training at no cost

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$755,000 - included in the asking price