Business Overview:
This metal furniture manufacturing wholesale and white label company has exclusive name brand clients servicing the furniture and hospitality industry nationally and internationally. This company is well branded as the leader in the metal indoor/outdoor furniture manufacturing industry with thousands of skews. They have tenured employees, client agreements, and tremendous potential for expansion. Don’t miss out on this exciting, high profit opportunity.
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Property Features and Assets:
The building is in excellent condition. It included about 3,000 square feet of office space. There is enough room to park 80-90 cars.
Market Competition and Expansion:
The US furniture manufacturing industry includes about 15,000 establishments (single-location companies and units of multi-location companies) with annual revenue of about $75 billion. The industry is expected an annual growth of 3% through 2023. Online furniture sales have become a fast-growing segment of the overall retail market. Online retail has been growing 10-15% of total retail sales since 2016 and is expected to account for 18% of the total retail market by 2022.
Reason for Selling:
Owner is retiring.
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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