It is not in bad shape, but could most definitely use a makeover. I'll show you how I completed the stool makeover...keep in mind that I'm still fairly new at this (don't judge me! lol).
What I used:
* Fabric (probably 1.5 yards total, I'm not sure though)
* Acrylic Paint (I used black)
* Staple Gun (oh yeah!)
Optional: Mad present wrapping skills.
Step 1: Take apart the stool and remove all hardware. Shown below:
Just in case you wanted to see a side by side before and after:
I linked this at a party at The Blackberry Vine!