MergerPlace

South Florida's Oldest &

Florida (Broward)


  • Asking Price: $125,000
  • Gross Income: $194,274
  • Cash Flow: $159,282
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $3,000
  • Listing ID: #208666
  • Established: 1979
  • Employees:

Business Description

Reason for Sale Retirement- South Florida's Oldest & Most Reputable Furniture Repair Business. Established since 1979 helping homeowners & businesses repair their home & office furnishings. $100k to a working owner. Low overhead/low rent per month. Phone is always ringing & a great presence on the internet. Fantastic opportunity for an upholster or refinishing firm to add onto to existing business or a young energetic handy person to profit. Retiring owner will teach all his trade secrets to the lucky buyer. 2018 Sales thru 7-30 $89,800. 2018 Owner Benefit Tracking to $118k. Decline in Sales & Owner's earnings -Seller putting less days and hours into business in 2018.


Business Details

Primary Business Category: Retail Trade - Furniture & Home Furnishings
Location: Florida
County: Broward

Company Information

Year Established: 1979
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $125,000
Gross Revenue: $194,274
Cash Flow: $159,282
FF&E: $3,000
Seller Financing Available: No

Property Information

Facilities:

Commercial/Retail warehouse-Month to Month -No lease - $610/month - 900 sq ft.

Reason for selling:

Retirement

Support & Training:

Will train for 4 weeks @ no cost

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers