Contract Furnishings Distribution w/ $16M in Sales

Harrisburg, PA
Dauphin County

Asking Price: Annual Revenue:
$3,050,000 $16,283,769

Services: Business & Office Services

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RE: Contract Furnishings Distribution w/ $16M in Sales Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $3,050,000 12.5% Buyer Down Payment: $381,250 12.5% Seller Financing: $381,250 75% Bank Loan: $2,287,500 A 12.5% down payment of $381,250 returns $459,591 in the first year after debt payments!

Quick Facts

Asking Price: $3,050,000
Annual Revenue: $16,283,769
Net Profit: Not Disclosed
Cash Flow: $905,615
Total Debt: Not Disclosed
FF&E: $836,954
Real Estate: Not Disclosed
Year Established: 1989
Employees: 20
BBN Listing #: 142334398
Broker Reference #: AEI013

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Business Overview:

With clientele comprised of educational facilities (65-70%), corporations (25-30%), and senior living facilities (5-10%) this contract furniture dealer and installation business had over $16MM in revenue in 2019%! Well-established for over 30 years in Harrisburg, PA, this company is known for their creations of innovative spaces. With three impressive showrooms in the Harrisburg area, their vast array of products include seating, desks, tables, classroom furniture (for K-12 and higher education), architectural space (walls, glass enclosures, panels, screens, flooring & rugs) and work tools (whiteboards, podiums, ergonomic office tools, lighting). A 12.5% down payment of $381,250 will return $459,591 in the first year after debt payments.

A highly experienced team is in place and includes 6 designers, 2 project managers, 1 business manager, 3 installers, 7 sales staff, and one person in customer service/office administration. They work both in the office and remotely, partnering with numerous manufacturers to bring their clients exactly what they’re looking for in a creative work environment. Sample showroom pieces comprise their low inventory.

Year-over-year growth since 2017 proves they have a strong client base and remarkable word of mouth advertising. Adding online sales, increasing social media presence, and optimizing the SEO are all areas that would add tremendous growth to the company.

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Market Competition and Expansion:

Growth Opportunities: Add online sales, social media, optimize SEO.

Reason for Selling:

New Ventures.

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.

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