Family-run Furniture and Interior Design Business
ASKING PRICE: $1,200,000
REVENUE: $827,168 (2022)
EBITDA: $344,722 (3Yr. Average)
Leading fabric, upholstery and furniture store also offering extensive high-end interior design services. Center has developed a superior reputation over the last 30 years with experienced designers who create custom furniture and décor to reflect their client’s personal lifestyle. Specialties include outdoor cushions, reupholstered furniture, bespoke pillows and bedding, luxury wallpaper, rugs, custom drapes and window treatments. Their excellent detail-oriented design center team will find the perfect fabric, furniture, or statement piece to create a truly unique space for their high-end clientele.
Business has established unique processes and capabilities for creating their custom work.
Support & Training:
Owner will train for an agreed amount of time for a smooth transition. Owners, due to personal reasons, need to sell. They are ready to move on to other horizons.
Market & Competition:
Market trends: Customers are increasingly interested in furniture and upholstery that can be customized to their specific preferences. This business addresses market trends by offering options for choosing fabric, colors, patterns, and even modular configurations to suit individual tastes and needs.
The rise of e-commerce has impacted the furniture market, with more consumers opting to purchase furniture and upholstery online. One advantage for this business is that customers can both order online and touch and feel the fabrics before they order.
The strength of the real estate market and remodels has kept the business strong through the pandemic. Sales are expected to stay strong as many consumers are no longer buying new homes, but instead, are remodeling the ones recently purchased.
Conveniently located in the heart of several affluent north county communities. Operating out of a 16,000sf beautiful showroom. Most of the front is dedicated to showing goods and furniture; the back has more samples and production. The company has two more years on their lease, expiring May 2025, with two additional five-year options.