Acclaimed Palm Beach Fabric, Design and Custom Workroom Business
Listing Number: 6401-319075
Listing Details
Acclaimed Palm Beach Fabric, Design and Custom Workroom Business
Price: $2,500,000
Location: Palm Beach County, Florida
- Down Payment: $2,500,000
- Sales: $1,876,886
- Seller's Discretionary Earnings: $419,362
- Inventory: $755,000
- Furniture, Fixtures, and Equipment: $200,000
- Rent: $15,079
- Employees: 11
- Year Established: 1959
- Reason for Selling: Retirement
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Business Description
Rare opportunity to acquire premier 60 plus year old Palm Beach County legacy Fabric, Design and Custom Workroom business. Iconic name and reputation, newly relocated to 8000SF Retail Showroom, Design and Fabrication space, offering multiple revenue streams of exclusive and luxury Fabrics, Draperies, Wallpaper, Upholstery/Fabrication services, branded indoor and outdoor Furniture, Bedding and Home Accessories; Plus In House tenured Design Services. This business is far more than a Fabric Store- offering an exceptional one stop resource for materials, designing, fabrication, upholstering, and custom workroom services: for both homeowners and design professionals.
Turn Key operation led by 11 tenured Team members in sales/design, custom fabrication and professional installation. Includes over $700K in inventory, with exclusive access to worldwide vendors curated over 6 decades. New Showroom buildout, with favorable 10 year Lease in the heart of 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 retail sales and custom workroom services, provide a unique opportunity to carry on this legacy for the next generation.
Turn Key operation led by 11 tenured Team members in sales/design, custom fabrication and professional installation. Includes over $700K in inventory, with exclusive access to worldwide vendors curated over 6 decades. New Showroom buildout, with favorable 10 year Lease in the heart of 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 retail sales and custom workroom services, provide a unique opportunity to carry on this legacy for the next generation.