MergerPlace

Wood & Antique Repair & Restoration

New Jersey


  • Asking Price: $299,000
  • Gross Income: $499,278
  • Cash Flow: $88,615
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $10,000
  • Listing ID: #227072
  • Established: 1996
  • Employees: 8 FT

Business Description

Wood & Antique Repair & Restoration - $150K pre-COVID Cash Flow

The business operates a full service wood restoration shop in Central New Jersey. This shop is co-located with a furniture showroom where antiques and quality used furniture are offered for sale. The work of this business has been featured in several publications notably Martha Stewart Living and New Jersey Design Monthly.


Business Details

Primary Business Category: Manufacturing - Wood Products
Location: New Jersey

Company Information

Year Established: 1996
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 8 FT

Financial Information

Asking Price: $299,000
Gross Revenue: $499,278
Cash Flow: $88,615
FF&E: $10,000
Seller Financing Available: No

Property Information

Facilities:

Operations take place at a 4,000 square foot facility with frontage and ample parking on busy street in a high traffic area with good foot and vehicle traffic. The leased facility consists of a showroom, workshop areas for woodworking, assembly, finishing and drying as well as warehouse space for storing finished product and work in process.

Growth & expansion opportunities:

Leveraging the well know and established name and reputation of this business, there is unlimited growth potential. Additional retail locations can be established which can also act as drop locations for repairs. With a small budget for advertising and a stronger online presence, services can be promoted to increase business and future referrals.

Competition:

High quality wood refinishing and antique restoration is a specialized skill which significantly reduces competition. Only businesses with experience, referrals and the skill to handle family heirlooms or highest quality furniture will be trusted to repair or restore these items.

Reason for selling:

Owners are retiring.

Support & Training:

Will train for 4 weeks @ $0 cost. The business provides the following services: Furniture & Chair Repairs Furniture Refinishing Antique Restoration and conserving Piano Refinishing Kitchen cabinet refinishing Custom Cabinetmaking including: Kitchens, Bookcases, Flat Screen TV Surrounds, Mantles, Home Offices, Desks, Conference Room Tables, Dining Tables, etc. Hand rubbed and open pore finishing High gloss to flat finishes Custom stain mixing Architectural refinishing including entrance doors and interior doors Gold Leafing and gilding Color conversions, antiquing, physical and non-physical distressing Faux finishing Commercial finishing production

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Business Listed By:

John Inzilla

Murphy Business Brokers