Whole Home & Office Custom Furnishings

Saint Paul, MN

Asking Price: Annual Revenue:
$750,000 $1,503,392

Manufacturing: Furniture, Fixtures Manufacturing

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RE: Whole Home & Office Custom Furnishings Broker: Seller of Business
Owner Financing is Available!
Purchase Price: $750,000 12.5% Buyer Down Payment: $93,750 12.5% Seller Financing: $93,750 75% Bank Loan: $562,500 A 12.5% down payment of $93,750 returns $67,478 in the first year after debt payments!

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,503,392
Net Profit: Not Disclosed
Cash Flow: $249,373
Total Debt: Not Disclosed
FF&E: $174,000
Real Estate: Not Disclosed
Year Established: 1986
Employees: 10
BBN Listing #: 76934398
Broker Reference #: RET076

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Business Overview:

Custom-fitted Modular furnishing for residential and commercial clients! For over 30 years, this company has specialized in “fitted” furniture solutions built with their proprietary modular furniture. The mission is to provide the client with individually designed, high quality furniture solutions at a fraction of the cost of custom made furniture. With $369,000 in assets, 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. Projects include both residential (70%) and commercial (30%).

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 a conveniently located headquarters with ample space for the showroom, offices, and work area for manufacturing and assembly. The well-trained team of ten includes designers, sales representatives, accounting staff, as well as employees who focus on production, assembly, delivery, and installation. Continued growth can be found through increased marketing and networking to commercial clients and residential builders for custom closets. 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.

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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.

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