Asking Price: $465,000

Gross Revenue: $482,000

Gross Revenue Comments: Four year growth trend

Cash Flow: $144,000

Cash Flow Comments: Four year growth trend

Inventory: $500 (Included in Asking Price)

FF&E: $43,000 (Included in Asking Price)

Seller Financing: For Qualified Buyer: $200,000 down payment; 5 yr. amort., balloon payment 36 months from Closing;

This Company is a wholesale drapery sewing center, centrally located in Houston. It sells and delivers to several well known, national fabric retailers - including Ethan Allen. Revenue breakdown: 30%- custom draperies; 30% pillows; 40% valances (top treatments). It also manufactures bedding, cornices and more. Almost all of the Company's sales are generated from 'repeat business' (existing customers). The Company's name and reputation and it's membership in ASID accounts for an estimated 70% of it's business; with the balance coming from referrals and "walk in's." Sixty percent of it's highly skilled workforce has over 7 years direct experience. The Company's reputation for "high quality" production has allowed it to charge premium prices. Note: The new price increase of 10%, now in effect, has not yet been reflected in the current profit numbers shown in this business summary.

Year Established: 2002

Employees: 16 full time -

Facilities: Located in commercial space adjacent to a wholesale furniture business and a wholesale fabric business in the import-export center of SW Houston. Below market rent of $.55 per sq. ft. through March, 2009. Lease through 2014 with options. Business contains reception/display area and two large workrooms.

Market Outlook and Competition: Expansion is occurring naturally at this time with the national growth of certain customers. The addition of an outside sales effort would make a big contribution to additional growth. Four or five direct competitors; one of which just closed after 25 years in business due to personal reasons. This company is continuing to pick up incremental business from this former competitor.

Management Training and Support: Owned by two partners; one financial-sales and one is the shop foreman. 30 days training provided plus the shop-foreman will remain with the business, if desired by new Owner.

Reason For Selling: One partner wishes to return to his former career in the financial sector.