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North Carolina Business For Sale

Upholstered Furniture Manufacturer & Distributor

Triad Area, NC

Manufacturing: Home & Office Products

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$995,000
$3,600,000
Not Disclosed
$250,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1991
25 Full Time
983219566

Business Overview:

Manufacturer & Distributor of Medium-Priced Upholstered Furniture. The company sells their goods to mom and pop retail stores (75%) and to other distributors (25%). It imports 25% of the goods it sells, manufactures 40% and distributes goods from other domestic manufacturers 35%. The company has no in-house salesmen, but has over 200 active accounts, of which the top 3 customers account for 25% of the business. The company sells its goods east of the Mississippi. Sale price includes FF&E valued at 150K and Inventory of $275K.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

43,000 sq. ft. building

Reason for Selling:

Relocation.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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