Business For Sale

Hospitality Furniture Wholesaler For Sale-26780

Not Disclosed, NJ
Essex County


Asking Price: Annual Revenue:
$3,400,000 $7,840,135

Manufacturing: Furniture, Fixtures Manufacturing


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RE: Hospitality Furniture Wholesaler For Sale-26780 Broker: Lee Jani
Owner Financing is Available!
$2,600,000.00 Down & Prime 3% For 60 Months.

Quick Facts

Asking Price: $3,400,000
Annual Revenue: $7,840,135
Net Profit: Not Disclosed
Cash Flow: $1,100,995
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 30
BBN Listing #: 13234447
Broker Reference #: 26780

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Business Overview:

For sale- wholesale business for hospitality, restaurant, night club and commercial markets. Business is now generating 31.29% return on gross profits. Finish manufacturing in North America is key to the success of the business. This company concentrates exclusively on the wholesale hospitality trade. The finish manufacturing business model results in high profit margins, shorter sale cycles, larger orders (due to the ability to offer custom ordering), and lower cost of sales. This is a unique business with a unique selling proposition. Comprehensive and inclusive business model includes operational management, manufacturing fulfillment, and well-known, nationality-branded clientele. Business model is producing stellar financial success, year after year, with 2016 results demonstrating triple-digit growth in financials. Supportive and strong cash flow. Seller is committed to sale and transition. Partnership with the right candidate will be considered. Well-documented financials are available, and the business is run semi-absentee. Please contact the broker for further information.

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Reason for Selling:

Family/other business interests.

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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