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Business For Sale
UPHOLSTERED FURNITURE MANUFACTURER & DISTRIBUTOR
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Asking Price: |
$995,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Home & Office Products
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Reason for Selling:
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Relocation. |
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Year Established:
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1991 |
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# of Employees:
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25 Full Time |
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Yearly Revenues:
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$3,600,000 |
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Yearly Cash Flow:
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$250,000 |
Business for Sale 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.
Property Features and Assets:
43,000 sq. ft. building
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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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