KANSAS CITY, Missouri
| Asking Price |
$1,225,000 |
Year Established |
2005 |
|
| Annual Revenue |
$6,790,491 |
Reason for Selling |
Age/Retirement |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$335,998 |
Listing Number |
1005333 |
|
| # of Employees |
10 |
Business Category |
Retail: Home Furniture & Furnishings |
|
Business Overview:
Strong contracts in place and no inventory to manage has allowed this Kansas City based furniture dealer to have more than 20 years of success. Client industries include healthcare, education, commercial, and hospitality, ensuring steady demand across a diversified client base. The business comes with over $2,000,000 in work in progress and over $650,000 in customer deposits. The company has 10 FT staff members which includes a Project Manager, a Designer, E-commerce coordinator, and 5 on the Sales team along with 2 Office Admin. The 4,800 sq ft showroom and office provides a collaborative space for design reviews, and product selection. The seller is active with light oversight to the team and project management. A new owner would be able to capitalize on growth opportunities such as expanding corporate accounts and increasing consulting/project management services. The retiring owner is committed to 1 year of training and has offered to carry 10% of the purchase price as a show of good faith in the continued success of the business post close. Priced at $1,225,000, this is a turnkey opportunity to take over a respected, profitable firm with national reach, deep vendor networks, and a strong foundation for expansion
Property Features and Assets:
<p>WIP: $2,559,191 </p><p>Customer Deposits: $697,025 </p><p>Equipment: Furniture, Fixtures, Software (AutoCAD & Team Design)<br></p>
Market Competition and Expansion:
<p>Growth Opportunities: Increase Project Management services<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity