Supplier Of Diverse Workspace Solutions

Business Overview:

This business provides a wide range of high quality storage, organizational, and workspace solutions to both residential and commercial clients locally as well as nationally and online. The owners have built a large clientele including federal / state government and local municipalities, medical/hospital/research labs, industrial, manufacturing sectors including new floor marking signage for pandemic era social distancing. The business also provides a range of applications for residential garages (including workshops), home office spaces, attics, sheds, laundry/mudrooms and closets. Another residential product category offered to residential clients are fixed and retractable screens, shades and awnings. Not only does the business sell stock, semi-stock and fully custom cabinets, work surfaces and shelving they also install the highest quality epoxy floor coating solutions in hundreds of different colors and textures. The business is a supplier and distributor of industry related products, for some of which they hold an protected territory. The unique product mix, vendor redundancy, distribution capabilities, installation and service lines provides the owners a diverse, high-margin income stream.

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Property Features and Assets:

The business operates out of leased commercial space with good signage and frontage on a major thoroughfare with adequate parking. Within the facility are multiple showrooms that display many of the available products, colors and finishes available. There is also a workshop and warehouse for staging and preparing jobs for delivery and installation. Seller is currently in a month to month lease.

Market Competition and Expansion:

This business provides a complimentary range of products, installation and service that is difficult to match which has resulted in sales to clients across the country. A true 'one stop shop' for most projects short only of electrical and plumbing when required. The business is well positioned for growth having the tools/equipment and tow vehicle/trailer to double capacity. A new energetic owner could choose to increase the number of products even further, undertake marketing in a larger geographic area, and/or increase participation in trade shows and home shows. The new owner could also open a retail showroom location selling accessories and complete installations direct to consumer.

Reason for Selling:

True Retirement

Additional Details:

Documents:

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