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BUSINESS FOR SALE - PROFILE #  42590025

Outdoor Patio Furniture Repair Business
St. Louis, MO

Asking Price: $99,000   Down Payment: $99,000  
Gross Revenue: $29,058   Adj. Cash Flow*: $24,544  
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Executive Summary
This veteran-owned business repairs and refurbishes outdoor patio furniture. Utilizing specialized processes, old patio furniture receives a fresh look which is good as new and at a fraction of the cost to buy new furniture. Just about any outdoor furniture can have a new look by replacing the slings, vinyl straps, umbrella canopy and even the paint color. Work with manufacturers to cover warranty issues.  Commercial and residential alike, to include City/public swimming pool patio furniture, Home Owner Association swimming pool patio furniture, and private swimming pool patio furniture. Get the insider secrets to the Owner's little black book, leverage years of industry relationship building, and take this simple business to the next level! A great addition to an existing general contractor's services or an easy acquisition fit for landscapers. Year-round business, mobile, and relocatable.

Acquisition Highlights

  • The Business includes these services: • Residential patio furniture repair • Commercial patio furniture repair • Umbrella rib replacement • Umbrella cord replacement • Umbrella locking systems • Parts repair and replacement • Powder coating of furniture • Metal recycling • Pickup and dropoff
  • The Owner enlists high school students as part time employees to do the majority of the work at the shop while the Owner does sales calls, estimates, and pickup/dropoff of furniture. Most furniture can be repaired on-the-spot. Hours are set by appointment, but the business generally runs M-F 9-5; business owner sets his own hours.
  • The Business has been having increasing sales each year, with very little signs of slowing down in 2020, even through the COVID environment. The Business Owner seeks to retire and does not have the energy to keep up with the business demand.
  • With people choosing to stay home, they are seeking to improve their outdoor living spaces and instead of going out to buy new patio furniture, they are electing to have their existing furniture repaired and refurbished. Furniture can be changed completely with new colors and new webbing on chairs and new fabrics on umbrellas and canopies.
  • The Business is based near the Gateway to the Midwest Region just east of St. Louis, MO, in Illinois.
  • Established in 2005, the Business has been under the single ownership of the Business Owner, who is a proud military veteran. Primarily engaged in the repair of commercial and residential patio furniture, plus other outdoor patio furniture accessories. The Business is classified under NAICS code 811420, Reupholstery and Furniture Repair, and SIC code 7641, Reupholstery and Furniture Repair.
  • Financing Information:  Cash; SBA; Veteran Programs
  • Training Information:  4 weeks
  • This business is home-based
  • This business is not a franchise
  • This business can be relocated
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2005 Inventory:
Employees: 1 FT, 4 PT Furniture, Fixtures & Equipment:
Real Estate:
Other: $10,000 Included
    Total Assets Included in Sale: $10,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Jeff Kalil
Phone:  (314) 833-9207
E-mail:  jeff@vrgatewaystl.com
VR Business Brokers-ST. LOUIS, MO
10805 Sunset Office Drive
Suite 102
St. Louis, MO 63127
www.vrgatewaystl.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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