International Furniture Co. Seeks U.S. Partner
New York, NY New York County
Asking Price:
$800,000
Annual Revenue:
$9,000,000
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- RE: International Furniture Co. Seeks U.S. Partner
- Contact: Skip Warner
Quick Facts
| Asking Price: | $800,000 | |
| Annual Revenue: | $9,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $966,510 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1952 | |
| Employees: | 6 | |
| BBN Listing #: | 99225287 | |
| Broker Reference #: | CNY8881109 |
Business Overview:
AN AWARD WINNING INTERNATIONAL FURNITURE AND LIFE STYLE BRAND SEEKS MOTIVATED PATRNER WHO CAN HELP THEM BUILD UPON THE COMPANIES SUCCESS IN THE U.S.Business Description:
This is a 70 year old international Furniture Brand with over 300 locations worldwide and in over 60 countries.
The company is searching for a new U.S and North American partnership with the goal of at least doubling its U.S. store footprint over the next five years.
They are seeking to identify a strong retail partner to help them increase sales in new states and territories. The new partner must have the financial capacity to help the company invest in new markets.
Partnership Opportunity Offers:
· Low Investment / High EBITDA
· Strong ROI
· A business model that yields quick cash flow generation
· A well known international brand
· An updated seasonal range of contemporary and modern furniture
Historical Summary:
The company was established in 1952. The company’s first U.S. store location was established in 2002.
There are currently18 stores operating in various markets in the U.S.
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Property Features and Assets:
Stand Alone Retail Stores.Market Competition and Expansion:
Other lifestyle furniture brands in the marketplace.Reason for Selling:
The company is searching for a new U.S Partner.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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