Established in 1985 in California and now based in Fort Lauderdale, Florida—known as the Yachting Capital of the World—this business stands as a cornerstone in the upholstery industry, boasting over four decades of unmatched craftsmanship. Demonstrating adaptability and resilience, the company's diverse service range seamlessly covers everything from luxury yachts to airliners. Its commitment goes beyond craftsmanship, placing emphasis on sustainability, quality, and the integration of modern technology.
- Asking Price:
- Under $100K Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $100K - $250K
- Cash Flow:
- $50K - $100K
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$87,600 per annum
- Location:
-
Located on high traffic main street with prime visibility.
- Premises Details:
-
3,000 sq. ft. facility with a welcoming reception and consultation area, partly dedicated to fabric and material storage, and a spacious workshop. Additionally, there are designated areas for drying, assembly, an office, and a break room. Safety features, including fire extinguishers and ventilation, are paramount, and a loading zone facilitates smooth operations. This layout ensures a streamlined workflow from client interaction to product delivery.
- Size in square feet:
- 3,000
Business Operation
- Expansion Potential:
-
Opportunities for growth exist in diversification, like automobile upholstery, and in offering training programs due to the demand for skilled labor. Conducting current, localized market research is essential for a comprehensive understanding.
- Competition / Market:
-
The upholstery industry, a segment of the larger furniture sector, caters to both residential and commercial clients, with demand for both custom and mass-market services. Key competitive factors include price, quality, design customization, and speed of service. The industry is influenced by trends like sustainability, technological advancements, and e-commerce, but faces challenges such as imports and fluctuating material prices.
- Reasons for selling:
-
Retiring after 40 years of service
- Trading hours:
-
Daily – 8 am – 5 pm
- Employees:
- 2
- Years established:
- 1985
Other Information
- Support & training:
-
Seller will help with transition as agreed in Asset Purchase Agreement.
- Furniture / Fixtures value:
- $63,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
