Business for Sale

Upholstery and Drapery Business

BizEx991-DC

Background

General Location:South Bay, CA
Category: Other Personal Services
Furniture & Fixtures
Furniture
Bldg Materials, Home & Garden
General Merchandise Store
Convenience Stores
Home Furniture & Furnishings
Other Business Services
Construction
Building
Miscellaneous Manufacturing
Jewelry Design and Sales
Business Services
Janitorial & Carpet Cleaning Services
Years in Business:56
Under Present Owner:56
Hours of Operation:
Owner Hours:
Training:None
Organization Type:Sole proprietor
Lease Expiration:
Lease Options:
Building Size:
Employees:0
Reason for Sale:Retirement

Financials

Asking Price:$125,000
Down Payment:Negotiable
Gross Sales:$413,000
Discretionary Cash Flow:$83,232
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:
Financing:Call

2015 2014 2013
Gross Sales $ 412,166 $ 401,694 $ 381,947
Gross Profit $ 173,523 $ 172,197 $ 178,210
Disc. Earnings $ 83,232 $ 77,811 $ 84,475

Description

Upholstery, drapes, and interior design business for sale in the heart of the South Bay, Los Angeles. 

This business is ideal for an entrepreneur, interior designer or carpenter who enjoys designing interiors, repairing and/or restoring luxurious furnishings. Fabrics are sourced from all around the globe to meet the demand of the store’s discerning clientele. Work is performed for luxury homes, medical buildings, hotels and country clubs throughout Southern California. On average, this business gets 8-12 walk in clients per day. The business has a 900-square foot showroom and 1,000-square foot workroom. 

The owner of this drapery, reupholstery and repair business is retiring after 56 years of providing high quality craftsmanship and consultation. The discretionary earnings are modest at just over 80,000.00 dollars but can be increased immediately by capitalizing on the many years of goodwill by advertising and following up with clients who may now need a design upgrade.

If interested, please call David Chavez @ 310-503-6847 or by email at dchavez@bizex.net.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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David Chavez
Business Broker
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 133
Direct: (310) 503-6847
Lic#: 01918858