Business For Sale

Turn Key- Office Furniture Reseller and Installer

Not Disclosed, TX


Asking Price: Annual Revenue:
$749,000 $2,200,000

Retail: Office Products & Supply


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RE: Turn Key- Office Furniture Reseller and Installer Broker: Bao Le

Quick Facts

Asking Price: $749,000
Annual Revenue: $2,200,000
Net Profit: Not Disclosed
Cash Flow: $440,000
Total Debt: Not Disclosed
FF&E: $130,000
Real Estate: Not Disclosed
Year Established: 1977
Employees: 7
BBN Listing #: 710650077
Broker Reference #: 41041-86412

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Business Overview:

Turn Key Office Furniture Dealer and Installer selling both new and used office furniture with a large number of repeat customers. Located in East Texas at a very affordable leased property, this business can be relocated. Also included are 2 vans and 1 truck (new vehicles) for both deliveries and pick up. The recently re-designed website allows for online ordering and shipping to online customers while the 6000 sq.ft. showroom houses both new and used office furniture. The 3 vehicles include:
* 26-foot Hino 268 truck with approximately 5000 miles
* 16-foot 2003 Chevrolet 5500 box truck
* 2016 model F-150 truck with approximately 5,000 miles.
NOTE: Listed business figures are 2018 projected performance.

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Property Features and Assets:

Extremely affordable rent. Business was established in 1977 and remained in the same area for 40+years. Current Owner has operated the business since 2014 and is now selling the business to retire.

Market Competition and Expansion:

The current owner has developed and maintained relations with one large hospital system and is the vendor of choice for their future expansion and renovation. The business’ consistent Net Profit hovers at 20% annually. The store has seen significant growth since 2014. Revenue is expected to increase significantly in 2018 due to a large single order worth approximately $1 million. In addition, projected sales to smaller customer accounts will bring approximately $1.2 million in revenue.

Reason for Selling:

retiring

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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