Iconic Palm Beach County Fabric and Design Business
Listing Number: 6401-319075
Listing Details
- Down Payment: $3,500,000
- Sales: $2,245,142
- Seller's Discretionary Earnings: $661,685
- Inventory: $1,100,000
- Furniture, Fixtures, and Equipment: $200,000
- Rent: $15,079
- Employees: 11
- Year Established: 1959
- Reason for Selling: Retirement
Business Description
Rare opportunity to acquire premier 60 plus year old Palm Beach County legacy Fabric and Design business. Iconic name and reputation, newly relocated to 8000SF Retail Showroom, Design and Fabrication space, offering exclusive and luxury Fabrics, Draperies, Wallpaper, Upholstery services, branded indoor and outdoor Furniture, Bedding and Home Accessories; Plus In House tenured Design Services offer an exceptional one stop resource for both homeowners and design professionals.
Turn Key operation led by 11 tenured Team members, from sales/design, fabrication and installation. Includes $1.1M in inventory, with exclusive access to worldwide vendors curated over 6 decades. New Showroom buildout, with favorable 10 year Lease in Central Palm Beach's prime area of new luxury residential and commercial growth. All fixtures, furnishings, equipment and decades built customer base included. Unparalleled reputation and goodwill, high margins, repeat loyal clientele, and steady pipeline of custom work, provide a unique opportunity to carry on this legacy for the next generation.