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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
Sales Structure: Asset Sale
Seller Financing: Yes
Seller will provide some financing for a qualified buyer.
Minority Owned: Yes
Reason for Sale:
True Retirement
30 days of training is included.  Additional training and support are available as wanted.
OperationsYear Established: 1972
Form of Ownership: S Corp
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.
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
Real Estate for Sale: Yes
Monthly Rent: $4,125
Square Footage: 33000

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: Dec 18, 2017 / 11:53 AM
Financial Information Current As Of: Dec 13, 2013 / 8:56 AM

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