Benchmark Business Group

Furniture Repair & Custom Build Business

Benchmark Business Group specializes in the confidential sale and purchase of successful businesses throughout the United States. Our experienced team, proven systems, strong buyer and lender relationships, and expertise in presenting financially sound deals to qualified buyers result in satisfied buyers and sellers.  Below is the list of businesses we currently have for sale.

Listing ID: 3017
Industry: Services: Construction/Contractors

Quick Facts:

Listing Price:

$710,000

EBITDA:

N/A

Real Estate:

N/D

Gross Revenue:

$974,313

FF&E:

$160,000

Established:

0

Cash Flow:

$191,399

Inventory:

$40,000

Employess (FTE):

11.00

Description:

The Furniture Repair & Custom Build Business has been designing, building, restoring, and repairing high-quality furniture in Iowa for many decades. The business is known for top-quality repair and refurbishing of commercial and residential furniture as well as building one-of-a-kind pieces. The business offers a large variety of wood, fabric, leather, or vinyl materials with an unparalleled reputation for quality craftsmanship. The business is able to meet the unique design requirements of customers with the most popular materials on the market while ensuring the repair process goes smoothly from the initial work through final product delivery.

Detailed Information:

Broker:

Brad Dostal

Location:

Midwest

Furniture, Fixtures & Equipment (FF&E):

The equipment accompanying the sale includes all items to support business operations including a box truck, wide belt sander, band saw, table saw, dust collector, planer, sewing machines, foam cutters, and numerous tools.

Facilities:

The business operates from an approx. 10,000 sq. ft. building with ample space for customer parking and is located on a busy street in an Iowa metro area providing for ease of customer and vendor access.

NAICS:

811420

Inventory included?:

Yes

Reason for selling:

Retirement.

Market opportunities:

The business has established strong relationships across the area with owners of millwork shops, designers, restaurants and moving businesses which has led to steady revenue. A new owner could build upon these relationships by joining various local associations such as the Iowa Restaurant Association, American Insitute of Architects and the Building Office Management Association (BOMA) in order to enhance the pipeline for commercial revenue. Other areas for growth for the business would be through building relationships with churches, realtors, designers and architects for referrals and restoration opportunities.

Competitive advantage:

The business is well known in Iowa for providing furniture repair and custom build services using leather, wood, metal, and painting/staining all done under one roof with an experienced team. The ability of this business to support customers from the initial design, through build and finish is unique in the market and highly desired by customers.

Able to relocate?:

Yes

Real estate included?:

No

Real estate owned by seller?:

Yes

Real Estate leased from a third party?:

No

Real estate available for buyer to purchase?:

Yes

Seller financing available?:

No

Training provided by seller?:

Yes

Franchise ?:

No

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