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Custom Upholstery Manufacturer
NCListing DetailsOffice ID: MFG16
Status: Sold
Listing Broker: Charles Milam, M&AMI, CBI
Listing Price: $625,000
Gross Revenue: $1,000,000
Cash Flow: $200,000
FF&E: $50,000
FF&E Included: Yes
Sale Price: $584,100
Acreage: 1.5
Real Estate Included: No
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:
Seller will provide some financing for a qualified buyer.
Minority Owned: Yes
Reason for Sale:
True Retirement
Training:
30 days of training is included.  Additional training and support are available as wanted.
OperationsYear Established: 1972
Form of Ownership: S Corp
Summary
Business Description:
Custom manufacturer / re-manufacturer of new and refurbished upholstered furniture for high-end decorators, designers and boutique retailers.
Historical Summary:
A reliable source for new and refurbished upholstered furniture for decades, the business has established relationships with many high-end decorators and designers plus specialized boutique retailers.
Owner Qualifications:
People management skills along with business financial experience.
Competition:
As one of the few if not the only domestic producer from beginning to finished product, there is little if any direct competition.
Potential Growth:
Continue to promote the ability to produce custom "have it your way" upholstered products made in the USA.
LocationType of Location: Stand Alone
Monthly Rent: $4,125
Square Footage: 33000
Facilities:

Over 33,000 square feet of manufacturing, warehousing and office space located on 1.5+ acres of easily accessible property provides room for continued growth and is available for either lease or purchase. 

 

 


Last Updated: Oct 3, 2016 / 12:37 PM
Financial Information Current as of: Dec 13, 2013 / 8:56 AM
Lender Pre-Approved!