Master Distributor and Multi location Furniture

Not Disclosed, MA
Middlesex County


Asking Price: Annual Revenue:
$5,200,000 $6,422,140

Retail: Home Furniture & Furnishings


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RE: Master Distributor and Multi location Furniture Broker: Mukesh Sharma
Owner Financing is Available!

Quick Facts

Asking Price: $5,200,000
Annual Revenue: $6,422,140
Net Profit: Not Disclosed
Cash Flow: $929,585
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 238662723
Broker Reference #: 22521-278565

Email or Print Listing

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Business Overview:

This Business is a rare gem and has built its leadership in industry by serving the unmet needs of it’s niche customer segment It’s stores are located in strategic areas where there is heavy concentration of it’s niche customer segment.

Decades of Experience - Founded in 1996 and based in strategic Boston metro west and is a market leading furniture retailer and manufacturer.

34% year over year revenue growth since 2017

Longevity, quality, integrity and customer service are few of the the ingredients which makes it a lovable trusted brand in and around Boston Metro West.

Experienced Management Team - Owned and operated by the original team of two friends who grew the business ground up from one location to its current 4 locations. 5th location procured in strategic market and ready to be added to the portfolio.

Strong Strategic Partnerships – Premier strategic partners and a strong supplier base. Recently acquired large warehouse provides scalability.

Geographic Expansion – While firmly entrenched as Boston Metro West market leader, company has the platform to scale elsewhere in New England and Nationwide.

Strong Industry Demand – With a CAGR of 5.2% from 2021 to 2026, industry growth is fueling accelerated growth in the post COVID economy. Increasing expenditure on domestic furniture products has influenced the high demand of furniture products

Revenue -

2020 - ~$6.4MM
2021 - $7MM

Gross Margin - 32%

EBITDA % = 14%

EBITDA
------------
2020 - $929K
2021 - $1MM+

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Reason for Selling:

Retirement

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.

Relevant Links:

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