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- RE: Manufacturing. Furniture And Interiors/commmercial
- Contact: Matthew M Wochele
Quick Facts
| Asking Price: | $1,900,000 | |
| Annual Revenue: | $2,700,000 | |
| Net Profit: | $600 | |
| Cash Flow: | $600,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1991 | |
| Employees: | 22 | |
| BBN Listing #: | 661430182 | |
| Broker Reference #: | 060420211 |
Business Overview:
Established in 1991 as a restaurant furniture manufacturer. They operate out of a 80,000 Square Feet facility in metro Atlanta. The company's original owner is ready to retire. The reputation of the company is well established. The jobs come in from various reps and dealers throughout the country. Revenue in 2018 was $2.4M, in 2019 it came in at $2.7M. In 2020 with restaurants dealing with the pandemic revenue was $1.5M. Now that operations are getting back to normal revenue for the first 5 months of 2021 is $1.3M. The seller's discretionary earnings (SDE) are consistent except for 2020. The estimated SDE for 2021 is $600,000. We are asking $1,900,000. Contact: Matt Wochele, CBI or J Snypp. Status: for Sale.
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Property Features and Assets:
Established in 1991 as a restaurant furniture manufacturer. They operate out of a 80,000 Square Feet facility in metro Atlanta. The company's original owner is ready to retire. The reputation of the company is well established. The jobs come in from various reps and dealers throughout the country. Revenue in 2018 was $2.4M, in 2019 it came in at $2.7M. In 2020 with restaurants dealing with the pandemic revenue was $1.5M. Now that operations are getting back to normal revenue for the first 5 months of 2021 is $1.3M. The seller's discretionary earnings (SDE) are consistent except for 2020. The estimated SDE for 2021 is $600,000. We are asking $1,900,000. Contact: Matt Wochele, CBI or J Snypp. Status: for Sale.
Market Competition and Expansion:
Established in 1991 as a restaurant furniture manufacturer. They operate out of a 80,000 Square Feet facility in metro Atlanta. The company's original owner is ready to retire. The reputation of the company is well established. The jobs come in from various reps and dealers throughout the country. Revenue in 2018 was $2.4M, in 2019 it came in at $2.7M. In 2020 with restaurants dealing with the pandemic revenue was $1.5M. Now that operations are getting back to normal revenue for the first 5 months of 2021 is $1.3M. The seller's discretionary earnings (SDE) are consistent except for 2020. The estimated SDE for 2021 is $600,000. We are asking $1,900,000. Contact: Matt Wochele, CBI or J Snypp. Status: for Sale.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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