Furniture Restoration Refinishing and Reupholstery

Gaithersburg, MD
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Asking Price:$199,000
Gross Revenue:$121,768
Rent:$2,000
Established Year:1975
Cash Flow:$62,908
Inventory:$5,000
FF&E:$30,000
BUSINESS DESCRIPTION

Breathing new life into antique or well used furniture for five decades. Furniture restoration services include repair (including veneers), refinishing (including specialty varnishes for decorator finishes), upholstery and seat weaving.

The business has all the equipment you'll need for woodwork repairs and properly permitted paint booth for applying specialty finishes and rejuvenating old furniture. Option available to either rent or purchase the premises separate from the business purchase.

Clientele may include individuals, antique dealers and interior decorating professionals. There is a high demand for this business's services yet limited supply of expert artisans. Current owner willing to assist during transition period and train new owner(s) if desired, but purchaser(s) should have some experience in the furniture restoration field. Current owner only operates part time by personal choice and new owner could ramp up activity.

Within easy reach of Washington DC, Montgomery County (Bethesda, Chevy Chase, Rockville, Silver Spring) and Northern Virginia (McLean, Tysons Corner, Falls Church, Great Falls, etc.)

Please inquire for additional information.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,580
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Owner Financing Amount $99,000.00 Owner Financing Interest 8% Owner Financing Terms M
Support & Training
2 weeks
Reason for Selling
retirement
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Erik
Woodworth
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Erik Woodworth