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- RE: SBA Pre-Qualified! Furniture Restoration
- Contact: Larry Goldstein
- License #: S.0188852
Quick Facts
Asking Price: | $600,000 | |
Annual Revenue: | $1,672,642 | |
Net Profit: | $206,819 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $40,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 16 | |
BBN Listing #: | 947345 | |
Broker Reference #: | 101-21482 |
Business Overview:
SBA Pre-Qualified! The Ultimate Turnkey Opportunity: A Furniture and Leather Goods Restoration Powerhouse
Own the premiere Las Vegas Furniture and Leather Goods restoration business with $206,819 2024 estimated net income (SDE). This one-of-a- kind business specializes in furniture restoration as well as shoe, leather goods and luggage repair. Boasting a loyal base of Las Vegas casinos, luxury strip retail and entertainment clients, the seller is semi-absentee.
The business is staffed by craftsmen with years of experience and general managers are in place. It is a finely tuned, turnkey operation that continues to gain new clients without advertising. The customer base includes major casinos, luxury strip retailers accounts and performers on the Las Vegas Strip. With its diverse capabilities, strong management, and lucrative client relationships already in place, this business presents an outstanding opportunity for a new owner to take the reins of an established, profitable operation in a prime market.
For quickest response to your inquiry, please call listing broker Larry Goldstein (RE# S.0188852; Business Broker Permit# BUSB.0007059) using reply to this ad button.
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Property Features and Assets:
This is a leased location of 10,619 square feet with a Total monthly rent of $15,026. Lease ends 05/2027. Seller is active with 16 Full Time employees. Hours of operation are 9am-6pm Monday to Friday. $40,000 in inventory and $40,000 in FF&E included in the asking Price.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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