Serving the Central Midlands region for a decade, this Company is a franchise furniture repair business specializing in on-site repairs for residential and commercial furniture and cabinet repairs. The Company’s focus is on wooden furniture repair, but they have also done front doors, hardwood floors, and cabinet refacing, repainting and clean/restore.
- Asking Price:
- $140,000 Furniture / Fixtures included
- Sales Revenue:
- $131,488
- Cash Flow:
- $82,772
Property Information
- Premises Details:
-
The company is a home-based company. Most of the repairs are performed on-site with about 25% performed in a shop at one of the owners' residences. Most of those repairs can be performed on-site as well.
Business Operation
- Expansion Potential:
-
According to the present ownership, maintaining the current staffing, the Company expects revenues to stay at the present level with increases due to inflation at the least. As the parent company promotes kitchen cabinet restoration they expect additional work in this high margin area.
- Competition / Market:
-
Locally, their main competition is Colonial Woodworks because they service moving claims and will do some work at residence. Other Furniture Restoration Services provide excellent service, but primarily stay in-shop.
- Reasons for selling:
-
Owners to pursue other interests.
- Trading hours:
-
Monday-Friday 8am-5pm
- Years established:
- 10
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$126K down/$14K over 60 mos. @ 6%.
- Furniture / Fixtures value:
- $18,165 - included in the asking price
- Inventory / Stock value:
- $450
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
