Home Office Furniture & Wall Bed Manufacturing

Saint Paul, MN


Asking Price: Annual Revenue:
$705,000 $1,311,880

Manufacturing: Furniture, Fixtures Manufacturing


Request More Information
Contact the Seller

RE: Home Office Furniture & Wall Bed Manufacturing Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $705,000 10% Buyer Down Payment $70,500 10% Seller Financing or Equity Roll $70,500 80% Bank Loan $564,000 A 10% down payment of $70,500 returns $115,209 in the first year after debt payments!

Quick Facts

Asking Price: $705,000
Annual Revenue: $1,311,880
Net Profit: Not Disclosed
Cash Flow: $206,120
Total Debt: Not Disclosed
FF&E: $195,266
Real Estate: Not Disclosed
Year Established: 1986
Employees: 10
BBN Listing #: 76934398
Broker Reference #: CBI013

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Priced at $705,000, a down payment of $70,500 returns $115,209 in the first year after debt payments – a 163% return on investment! With an extremely diverse client base consisting of both residential and commercial customers, this company specializes in custom fitted furniture for schools, healthcare facilities, churches, and corporate offices, as well as residents in the Twin Cities region. Deemed an essential infrastructure business, there is a well-trained team of 10 already in place that includes designers, sales representatives, and accounting staff, as well as employees who focus on production, assembly, delivery, and installation. Their mission is to provide the client with individually designed, high quality furniture solutions at a fraction of the cost of custom-made furniture. This dynamic company utilizes in-house engineering and manufacturing as well as outside resources to create beautiful solutions that fit any space perfectly, maximizing storage and functionality. The team has successfully altered their process in recent months to include virtual design consultations and they are following all necessary protocols for in-home meetings, deliveries, and installations.

The modular furniture system includes components for offices, storage spaces, bedrooms, home entertainment areas, wall beds, closets, and garages. The owners focus on managing the daily operations including design, sales, ordering, production, marketing, and financial oversight.

Operations are managed from their conveniently located headquarters with ample space for the showroom, offices, and work area for manufacturing and assembly. Continued growth can be found through increased marketing and networking to residential clients who are working from home. With work already in the pipeline and a flexible transition period, this business is ready for the next owner to step in for continued growth and success.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

7,200 square feet: Large showroom, office, conference room, private offices, kitchen, restrooms, large work area for manufacturing and assembly

Market Competition and Expansion:

Network and advertise to build commercial sales, custom closets

Reason for Selling:

Retirement planning

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.

Documents:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!