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Business For Sale

FURNITURE MANUFACTURER

Attn: Alex Levitan
Riverside, CA, USA
Listing Number: "11623SFV"
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Asking Price: $1,000,000 USD USA Dollars
Business for Sale Industry: Manufacturing: Home & Office Products  
Reason for Selling: Retiring.
Year Established: 1996
Yearly Cash Flow: $850,000
Yearly Gross Income: $950,000
 

Business for Sale Overview:

Furniture Manufacturer is downsizing after 11 years and selling his operation, located in Ensenada area in Mexico and Riverside, California. In Mexico 45,000 sq. feet structure is being leased for $4,000 a month. 25 Employees, Manager and accountant are responsible for $1,000,000 gross revenue. Contracts with many US retailers. Business is in operation since 1996. All equipment, worth about $250,000 is included (some minor exceptions) Unlimited potential to expand business with the help of sales reps (will be provided by the sellers) Net income is about $375,000-$400,000. In addition to operation in Mexico seller will consider sale of manufacturing facility including property in Riverside County (approximately 1 acre of land) for 1 million. Operation in Mexico can be purchased separately for $650,000.


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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