103 Year Old Family Owned Business

Indianapolis, IN
Asking Price:$600,000
Gross Revenue:$250,000
Rent:$2,500/Month
Established Year:1990
Cash Flow:$80,000
Inventory:$100,000
FF&E:$150,000
BUSINESS DESCRIPTION

Hughey Hartman Upholstery

Very busy shop that does custom upholstery plus carpet and furniture cleaning and custom building of furniture. Many shops in this area are no longer so it makes this market wide open for great potential. I will stay on for 4 weeks to teach every aspect of running this business.


DETAILED INFORMATION
Location
Indianapolis, IN
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,145
Lease Expiration
10/02/2027
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Tools, Equipment, Racking, All Office, complete client list,3 productive websites plus one domain All trucks, all samples Everything you would need to run this business efficiently New Mobile app is being added to web site that will increase leads
Competition
Market is very strong. Could build a whole business just on replacing foam rubber on furniture. Cleaning business is very profitable and fabric sales is very good. We have some competition but for the most part the market on the Northside is wide open. The location is fabulous.
Growth & Expansion
This could be a manufacturing company for custom furniture
Support & Training
4 week commitment from me to help you run business
Reason for Selling
Wanting to retire

BUSINESS LOCATION
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Larry Hughey
Larry Hughey