Request More Information Contact the Seller
- RE: Office Furniture Procurement For Gov Contracts
- Contact: The Firm
Quick Facts
| Asking Price: | $1,215,000 | |
| Annual Revenue: | $5,272,517 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $431,790 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 3 | |
| BBN Listing #: | 951304 | |
| Broker Reference #: | OFF024-A |
Business Overview:
Established in 2010, this company provides comprehensive project management services for office furnishings and work stations including procurement, interior layout design, coordination of transportation & installation. Their federal client base includes the Department of Veterans Affairs, US Army Corps of Engineers, USDA, and the Defense Logistics Administration. The team consists of an Operations Manager who oversees billing and scheduling, a Sales Associate responsible for generating leads and managing client relationships, and a Designer who collaborates on interior layout aspects. Minority owner is the COO; he actively manages all aspects of the business. Majority owner is absentee, and checks in 3-5 hours per week. He has no roles or responsibilities needing replaced. The decision to sell stems from the aging owner’s plans for retirement. The sellers have offered to carry 20% of the purchase price in addition to a 1–2-year transition in order to show their vested interest in the continued success of the business moving forward. Priced at $1,125,000, a 10% down payment of $125,100 can return $173,570 in the first year after debt payments! Future growth opportunities include an increase in bidding efforts and staff expansion. There is significant potential to expand current bidding activities on government contracts. Hiring additional staff dedicated to bidding and quoting could streamline processes further and allow for increased capacity to take on more projects simultaneously. With its comprehensive service offerings tailored specifically for federal clientele and clear avenues for growth through increased bidding efforts and staff expansion, this presents an attractive opportunity for prospective buyers looking to enter or expand within this sector.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Market Competition and Expansion:
Growth Opportunities: Increase the current bidding effort on government contracts and hire additional staff for bidding / quoting.
Reason for Selling:
Aging owner planning for retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
