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High End Furniture Design and Restoration Business in NYC

Off-Market

Woodside, NY

Furniture Design And Restoration Business

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Revenue

$1,600,000

Earnings (SDE)

$750,000

Margin

46.9%

Year Established

2000

Listed

30+ Days

Customers

The business primarily serves high-end customers, including hotels, restaurants, and designers, and does custom work and restoration.

Customer Acquisition

Word of mouth, organic Instagram, and referrals. The business does not do any paid marketing.

Team

The business has 12 employees.

Owner's Role

Husband and wife team. Husband handles finance and sales; wife handles design work.

Reason for Selling

Wife would like to retire, and husband is open to sticking around post-sale and continuing to own and manage the business.

Contracts

No

Real Estate

Operates out of a 7,000 square foot leased workshop.

When Are You Looking to Sell

ASAP

Licenses Required

No

Additional Notes

Business has developed a strong following and customer base. It works with higher-end customers and high-ticket sales (average being approximately $5,000). The business is 25 years old, and the current owners acquired it 8 years ago.

Business ID: 1297

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