Manufacturing. Furniture and interiors/commmercial

Marietta, GA
Cobb County


Asking Price: Annual Revenue:
$1,900,000 $2,700,000

Manufacturing: Furniture, Fixtures Manufacturing


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RE: Manufacturing. Furniture and interiors/commmercial Broker: Matthew M Wochele
Owner Financing is Available!

Quick Facts

Asking Price: $1,900,000
Annual Revenue: $2,700,000
Net Profit: $600,000
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

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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