Patio Furniture Business
Price: $59,000
Listing ID: 0302-42590025
Year-round business!
Pandemic resistant!
Easily relocatable!
Accepting All Offers!
Would you like to add an easy extra $50k or more to your wallet every year? 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 piece of 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.
Gross Revenue: N/A
Cash flow: $55,000
FFE Included: Yes
FFE: 10000
Reason For Sale:
Retirement
Training & Support:
4 weeks transition training included.
Year Established: 2005
Facilities Information:
The Business is based near the Gateway to the Midwest Region just east of St. Louis, MO, in Illinois. 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 drop-off
Historical Summary:
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.
Owner Qualifications:
No special skills required. This business is a great bolt-on for an existing business, such as a painting company, landscaper, or general contractor seeking additional year-round services to offer their clients.
Competition:
There is virtually zero competition in this niche market segment. Most homeowners throw away old patio furniture and wait months before finally deciding to buy new replacement patio furniture due to the expense. There is one local company that offers to repair outdoor furniture, but they only offer it to their existing clients and only on the furniture items bought through them. By leveraging an existing marketing and sales campaign to include this as an add-on or supplementary service, in addition to the creative opportunities to showcase the before and after results on social media, there is a lot of upside yet to be realized in this business.
Potential Growth:
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.
Low cost business model- great profit margins!
Easy to operate and manage- ready for someone to take it to the next level!
Scalable business, limited only by the distance between client and business.
Commercial sales are the most lucrative, yet under-pursued.
Residential sales are increasing as people stay home and improve their outdoor spaces.
Financing/Terms:
The Business has been having increasing sales each year, with very little signs of slowing down, even through the COVID environment. The Business Owner seeks to retire and does not have the energy to keep up with the business demand. Considering all offers.