45+ Year US Based Furniture Manufacturer w/RE

Not Disclosed, VA


Asking Price: Annual Revenue:
$6,250,000 $6,884,275

Manufacturing: Furniture, Fixtures Manufacturing


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RE: 45+ Year US Based Furniture Manufacturer w/RE Broker: Tony/Jarma Khoury

Quick Facts

Asking Price: $6,250,000
Annual Revenue: $6,884,275
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $3,500,000
Real Estate: Not Disclosed
Year Established: 1976
Employees: 40
BBN Listing #: 450158201
Broker Reference #: 13485-961451

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Business Overview:

This Furniture Manufacturer Entered the US Market in the mid-70's and is Known for Making a Premium "Made In USA" Product Line.

Machinery & Equipment Appraisal Conducted on June 12, 2022, with a Valuation of $2,762,400.

Inventory (at cost) Value Estimated at $400,000 as of 06/12/22.

Real Estate - Over 100,000 square feet of Industrial Office, Production and Warehouse Space on 16+ acres Tract of Land, with Plenty of Space to Expand the Facility. 2022 tax value of $3,807,324.

40 Employees, with 50% of Them Having 10+ Years Tenure.

Seller is Willing to Stay on for a Period of Time to Train and Introduce Buyer to Suppliers, Clients and Staff.

This is the PERFECT Facility to Expand Your Production Capacity, while Adding a NEW Product Line and Much Needed Production and Sales Staff.

This 100,000+ square feet. Industrial Production and Warehouse Facility on 16+ Acres of Land has Room for Expansion, whether purchased by a Furniture Manufacturer or by Another Buyer for Another Use.

46 Year History, with Made In USA Product Line

Seller is Tired and Ready to Retire.

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Reason for Selling:

Retirement

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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