Modern European Furniture Brand, Profitable

Relocatable, CA
Santa Clara County

California


Asking Price: Annual Revenue:
Not Disclosed $3,000,000

Retail: Home Furniture & Furnishings


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RE: Modern European Furniture Brand, Profitable Broker: Raj Sathyaseelan
License #: CA DRE# 02071580

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: $900,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1994
Employees: 2
BBN Listing #: 299156614
Broker Reference #: SV0049

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Business Overview:

This modern European furniture brand has exclusive contracts with major European furniture brands and it's sales are growing fast in the last couple of years primarily due to the new showroom located in prime location. Unlike other furniture businesses, this business is easy to run as the customers are high-end clientele who are looking for an unique collection so they are willing to wait for a few months for the orders to be delivered. This business has a warehouse where these furniture are shipped to and delivered to customers from the warehouse, so it's an easy operation and no need to carry high inventory levels. Customers pay a percentage deposit upfront that can be used to pay the suppliers so the working capital requirement is very low. This business is perfect for a new owner who can build a sales force and expand operating hours or for an existing players to sinply grow through acquisition. The sellers are committed to help the new owner with a successful transition.

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Reason for Selling:

Owners are ready to retire.

Additional Details:

  • The property is leased.
  • The owner is not 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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