MergerPlace

Auto/Boat Upholstery

Florida


  • Asking Price: $175,000
  • Gross Income: $149,510
  • Cash Flow: $53,051
  • Real Estate: Not Disclosed
  • Inventory: $9,000
  • FF&E: $30,000
  • Listing ID: #223474
  • Established: 1982
  • Employees: 1 FT/1 PT

Business Description

This full-service auto & boat upholstery was created in 1982 with a dream. The owner's technical skills, artistry and love for automobiles and boats makes it easy for car & boat owners to turn over their pride and joy into his care. They adhere to the highest business standards and artistic approach. They handle projects as small as repairing cuts on trim panels to projects as large as installing customer leather interiors. They believe that a customer should not spend several thousand dollars through the factory to attain leather or other comfort accessories. Whether the customer just purchased a new vehicle or want to give the older model a "new car" look - this company is ready to take care of their needs. Owner will be willing to train and stay reasonably onboard for a smooth transition.‚Äč


Business Details

Primary Business Category: Services - Other Services
Location: Florida

Company Information

Year Established: 1982
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT/1 PT

Financial Information

Asking Price: $175,000
Gross Revenue: $149,510
Cash Flow: $53,051
FF&E: $30,000
Inventory: $9,000
Seller Financing Available: No

Property Information

Facilities:

The business is located into a commercial space with a store front, a small factory and storage in the back with plenty of space to vehicles or boats in and out the warehouse through the rear rolling door. Plenty of parking for customers.

Growth & expansion opportunities:

Buyers will inherit a very successful base of operations which has withstood the time for over four decades. They can capitalize on this firm footing and expand the business by leaps and bounds. The can utilize savvy marketing techniques or employ additional people. There's no shortage of car or boat owners in South Florida so the future business is all but guaranteed.

Competition:

While there may be other upholsterers in town, one will be hard-pressed to find one with the longevity and quality of service as this one. Customers gravitate towards this successful business and don't mind driving across town to seek their services.

Reason for selling:

Owner is retiring after 38 successful years.

Support & Training:

Will train for 3 weeks @ $0 cost. The products and services offer by this full-service upholstery include but are not limited to: headliners,vinyl tops, convertible tops, complete interiors, headlamp polishing, vinyl & leather repairs, boat upholstery, auto detailing, recreational vehicles, motorcycle seats, heavy equipment seats, water transfer printing, hydro-graphics, etc.

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Business Listed By:

Anton Joro

Murphy Business Brokers