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Listed by:

Amerivest Business Brokers

Broker license number: BK708920

Award Winning Designer/Manufacturer Of Furniture For Sale

US
Asking Price:
$5,500,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,005,174 (USD)
Cash Flow:
$573,601 (USD)

This company designs and manufactures high-quality, comfortable custom furniture for the trade in the South East USA. A family run business of four generations started originally in Europe is ready to change hands and go to the next level. National and International recognized label receiving multiples awards in the industry for being an innovator in a furniture niche. Production capacity installed has been growing and can manage other lines in same industry if desired. Over the years the company has built an excellent reputation and long list of repeat clients. All the furniture is hand-made from start to finish using the highest quality materials and excellent craftsmanship. The owner is very experienced and has an impressive network of contacts. He is willing to remain for a transition period as well as the sales manager who is very knowledgeable of the clientele, products, and services. 850K in Inventory and 1M in A/R included in Price. Seller's financing possible for qualified Buyers.

Property Information

Real Estate:

Lease

Lease Terms:

Expires 7/11/2025

Leasehold Rent:

$420,000 (USD) per annum

Premises Details:

Stand-alone/Flex Building

Business Operation

Reasons for selling:

Retirement

Trading hours:

M-F 8-5
Sat 9-1

Employees:
18
Years established:
26

Other Information

Support & training:

4 weeks - no cost

Furniture / Fixtures value:
$275,000 (USD) - included in the asking price
Inventory / Stock value:
$850,000 (USD) - included in the asking price

Listed by

Amerivest Business Brokers

Broker license number: BK708920

Contact Amerivest Business Brokers

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