Supplying Custom Products for 20 Hospitality Indus

Las Vegas, NV
Clark County

Asking Price: Annual Revenue:
$1,600,000 $1,699,404

Manufacturing: Furniture, Fixtures Manufacturing

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RE: Supplying Custom Products for 20 Hospitality Indus Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,600,000 15% Buyer Down Payment: $240,000 33% Seller Financing: $528,000 52% Bank Loan: $832,000 A 15% down payment of $240,000 returns $267,093 in the first year after debt payments!

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $1,699,404
Net Profit: Not Disclosed
Cash Flow: $518,863
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 11
BBN Listing #: 510134398
Broker Reference #: LOG017

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Business Overview:

Nearly $3MM in work in progress! As a main distributor and certified supplier for the hotel and hospitality industry, this company specializes in providing branded, as well as custom manufactured products. Positioned perfectly in Las Vegas, this leader in hospitality furniture fixtures & equipment procurement is committed to providing exceptional quality products at 20-30% less than their competitors.

Servicing clients all over the world since 2010, they have delivered and installed goods in more than 25 countries to date and are expanding daily. Clients include the US Government, the United Nations and hospitality clients including major hotel brands. 95% on there service area in national, while 5% is international.

Average orders range between $70-$150k with many recurring orders and vendors. At the in-house design studio, clients can view 500-700 catalogs and swatch books to select products for purchase. There are currently 11 employees; one consultant and 10 contractors.

The current owners are responsible for operations, but a new owner could assume those responsibilities or hire on an additional staff member. The owner can work from anywhere as long as they have their laptop! Areas for growth include the addition of staff to increase order capacity.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

2,000 square feet – 6 offices, kitchen, conference space & common space.

Market Competition and Expansion:

Build the team to increase project capacity.

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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