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Wood & Antique Repair & Restoration - $150K pre-COVID Cash Flow for sale in NJ

New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 299,000 $ 499,278 $ 88,615

Furniture and Fixtures Value:
$ 10,000 (included in the asking price)

Business Summary:
Buy now with only $60K down!The business operates a full service wood restoration shop in Central New Jersey. This shop is co-located with a furniture showroom where antiques and quality used furniture are offered for sale. The work of this business has been featured in several publications notably Martha Stewart Living and New Jersey Design Monthly.

 

   
Year Business was Established: 1996
   
Number of Employees: 8 FT  
   
Facilities / Terms of Lease: Operations take place at a 4,000 square foot facility with frontage and ample parking on busy street in a high traffic area with good foot and vehicle traffic. The leased facility consists of a showroom, workshop areas for woodworking, assembly, finishing and drying as well as warehouse space for storing finished product and work in process.  
   
Potential Growth/Expansion: Leveraging the well know and established name and reputation of this business, there is unlimited growth potential. Additional retail locations can be established which can also act as drop locations for repairs. With a small budget for advertising and a stronger online presence, services can be promoted to increase business and future referrals.  
   
Competition: High quality wood refinishing and antique restoration is a specialized skill which significantly reduces competition. Only businesses with experience, referrals and the skill to handle family heirlooms or highest quality furniture will be trusted to repair or restore these items.  
   
Owner willing to finance: Lender pre-screened with $60K down.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Owners are retiring.  
   
Seller Reference Number: 3401-16304
BusinessMart.com Listing Number: 268959
 

 

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For more info contact:

Craig Sanford

Murphy Business & Financial Services
727-725-7090

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