Furniture and Upholstery Business for Sale Waikato

Description

Business type: upholstery and furniture repair workshop

Location: Waikato, New Zealand

Current status: established operating business

Operating model: husband-and-wife owner-operated business

Asking price: $195,000

Financial information

Average annual sales: $407,000

Financial averaging period: 3 years

Historical peak sales: more than $600,000

Historical peak sales basis: dependent on owner working hours

Profit to one working owner: $82,000

Services

• Upholstery work
• Furniture repair
• Furniture restoration
• Fabric selection
• Quoting

Customers and market

Customer base: established

Repeat customers: stated as strong

Referral business: stated as strong

Trade referrals: established

• Residential customers
• Commercial customers
• Restoration customers

Direct competition: stated as limited

Skilled upholsterer availability: stated as limited nationwide

Operations

Workshop operations: hands-on

Front-of-house duties: managed by current owners

Sales activity: managed internally

Fabric selection: managed internally

Quoting: managed internally

Assets and inventory included

• Workshop tools
• Foam stock
• Fabric stock
• Furniture frames
• Other workshop stock

Operating setup: turnkey

Premises

Workshop: included in the operating setup

Storefront: in place

Premises: available to lease to the purchaser

Lease terms: available on enquiry

Training and transition

Structured handover: included

Buyer training: available for the right purchaser

Expansion options

• Increase owner working hours
• Increase workshop capacity
• Develop additional trade referral relationships
• Increase residential work
• Increase commercial work
• Expand restoration services

Potential buyers

• Upholsterers
• Furniture makers
• Sewing professionals
• Hands-on tradespeople
• Owner-operators
• Existing furniture or restoration businesses