Listing Number: 65436-813401
Description
Refined brand for custom furniture, window treatments, reupholstery, refinishing and design services. Extremely valuable brand. 2 stores with showrooms in top tier CT locations. 85% custom design business, 10% of floor, 5% online. Online channel in place but can be developed. Very high margin (2.5x markup). In place since 2014. Offering bench-made furniture, accessories, vintage revival, window treatments, reupholstery, and refinishing with an unparalleled level of quality. All styles incl. contemporary, mid-century, traditional, or in uncharted territory .. bold, colorful, contemporary. 12 employees; trained manager available. Owner will train. Accessories sourced have a Sell-Through rate that is higher than average, and high growth (3x markup + $400K growth potential). All income verified on tax returns, P&L and bank statements.
Listing Details
- Price: $3,431,268
- Down Payment: $885,944
- Sellers Discretionary Earnings: $451,671
- Total Sales: $1,733,909
- Location: Fairfield County, Connecticut
- Inventory: $1,250,000
- FF&E: $80,000
- Employees: 12
- Year Established: 2011
- Reason for Selling: Exit
- Category: Upholstery/Fabrics
