Work Environment Product Sales & Space Design

Not Disclosed, WA
King County


Asking Price: Annual Revenue:
$1,600,000 $5,000,000

Retail: Office Products & Supply


Request More Information
Contact the Seller

RE: Work Environment Product Sales & Space Design Broker: Stephen Cohen
Owner Financing is Available!
The seller will finance 50% of the transaction for a qualified buyer.

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $5,000,000
Net Profit: Not Disclosed
Cash Flow: $600,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 105735781
Broker Reference #: WED2020

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This business is a long standing, reputable commercial office furniture provider with a loyal customer base that includes home based virtual workers, small & large companies, and government entities. The business focuses on providing all the products and services required to maximize comfort and work environment productivity. In-house space planning, design, rendering, delivery & installation create an easy process for customers.

A large independent dealer of office furniture the company prides itself on providing superior customer service and selling products with excellent value allows higher than average margin on most projects. The company has additional revenue streams from storage, rentals, and sales of highly profitable used furniture.

Management has increased the overall profitability of the company by focusing on the mix between products and services as well as making sure ancillary services are increasingly profitable. They currently have over five hundred thousand dollars of work in progress serving as a reliable indicator of a great reputation and a strong marketplace. Even with strong sales figures, there is an excellent growth opportunity for the company with an expansion of an outside salesforce, something the company has never pursued, but is the norm for the industry.

The company has a solid online presence with numerous reviews across social media platforms averaging over four stars. Google AdWords is well optimized and providing quality leads on a regular basis. An E-commerce store and multiple communication portals are part of an ever evolving company website. The global office furniture market is projected to grow at the rate of 5.4% during the forecast period, 2020 to 2023.

The demand for home office furniture is increasing worldwide in a COVID-19 world.

Current full-time staff of this successful business includes an excellent operations manager, experienced salespeople, and administrative support. There is a total of 12 employees covering all the important roles of day to day operations; installation, purchasing, sales, bookkeeping and project coordination. The company focuses on hiring intelligent and service oriented people that take pride in their work and enjoy making other people happy. Ownership fill an executive management role.

The lead business broker for this company at IBA is Stephen Cohen. Please contact Mr. Cohen.

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:

The company location is a well branded and highly visible 18,000 square foot mixed use building with excellent access to the highway infrastructure. The building houses corporate offices, a large showroom of used furniture and plenty of warehouse space to store new products before deployment in the field. Total monthly rent is $18,000 with 2 years left on the current lease.

Reason for Selling:

Retirement

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.

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!