August 8, 2018

National Commercial Furniture Manufacturer for sale: $625,000

A well-established and very profitable Unique Niche commercial manufacturer of custom furniture products is for sale. The company designs and manufactures its products for a  specific group of regional and national businesses and organizations that have an ongoing and recurring need for the company’s products. The company has a state-of-the-art manufacturing facility and an experienced team to fulfill the steady stream of orders. The company has emerged as a clear leader in its space throughout its 40-year history. Outstanding reputation with a loyal following.  Owner is willing to help with the transition for up to 6 months.

The manufacturing facilities are also also available for purchase for an additional $650,000. Located in a very good commercial area in a great location, the real estate will likely grow in value. The real estate is located on 2 acres of land, with one acre completely unoccupied and available for a serious expansion if the new owner is interested in growing the business.

Asking Price:$625,000

Gross Revenue:$1,197,454

Cash Flow:$232,262

FF&E:$70,000

Real Estate: $650,000*  available for purchase. Not included in the business

 asking price.

Inventory: all included in the asking price

Established:1977


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
7,500
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Company owns a 7,500 square feet building which includes Office: 625 sqft inc. ½ bath, A/C and Production space: 6875 sqft inc. ½ bath The facilities situated on 2 acres of land are available for sale for $650,000.
Competition:
This business has very little competition in the area. It distributes its products nationally and is very well known in the niche in which it operates.
Growth & Expansion:
The company can grow in many different directions not explored yet by the current owner simply because he was concentrating on a very specific niche. The manufacturing facilities can be doubled in size at the current location also. Expansion possibilities are endless!
Support & Training:
This company is operated mainly by key employees with a high level of experience and tenure. The owner is available to help with transition for up to 6 month.
Reason for Selling:
Retirement

For additional information please email

Adriana Cowart