Listing Number: 52941-203655
Description
For over six decades, the Company has been serving the North Texas community with top-quality furniture and upholstery services. With multiple locations in the North Texas area, their commitment to providing stylish, durable, and functional furniture, along with expert fabric solutions, has made them a trusted name in the industry. They work with designers and customers to provide customer furniture, reupholster existing furniture and assist with fabric selection for window coverings and furniture
The Company currently generates revenue of approximately $3.4M annually and Seller's Discretionary Earnings of $500k. Inventory is not included in the asking price and cost basis of the inventory was approximately $650k at the end of 2022. Real Estate is available for purchase, but not included in the Listing Price. Inquiries regarding the real estate can be directed to the listing broker.
Listing Details
- Price: $ 1,300,000
- Down Payment: $1,300,000
- Sellers Discretionary Earnings: $ 500,000
- Total Sales: $ 3,400,000
- Location:
- Inventory: $ 0
- FF&E: $ 100,000
- Employees: 35
- Year Established: 1958
- Reason for Selling: Retirement
- Category: Furniture Retail
