Texas Furniture Manufacturer for Sale
| Asking Price: | $950,000 | Inventory: | $152,632 ++ |
| Gross Revenue: | $1,340,349 | Real Estate: | n/a |
| Cash Flow: | $200,120 | FF&E: | $318,230 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The Company is a full service, high specification, Custom Furniture Manufacturing firm serving the Hotel / Motel, Recreational Vehicle, High End Horse Trailer, Case Goods and Retail Furniture industries. The Company operates a 57,000 square foot production facility consisting of cutting & sewing, two upholstery lines, foam lamination room, foam and mattress departments, shipping area, and wood mill. To insure the highest quality possible, all frames are produced with hardwoods and stained and case goods furniture are stained with with the Company's own blended stains hand applied to each production piece. Every production run is designed and produced to the specific specifications of each customer. The Company was awarded Interior of the Year by a major hotel chain and Horse Trailer of the Year by the National Finals Rodeo Association (2006 and 2007).
About the Business
Year Established:2004
Employees:28 full time - 2 part time
Facilities:The facilities are broken down into two main buildings. The 17,000 square foot wood mill is separated from the balance of the production facility to keep the main production facility free from saw dust. The main 40,000 square foot building consists of the production floor, an administrative office and a production office. The production area includes a warehouse area and shipping dock facilities.
Market Outlook and Competition:The hospitality industry replaces decor every 6 to 7 years. This Company is well suited to supply the hospitality industry. The Company has also signed a manufacturing agreement with two retailers (one 50 stores) which will significantly change the dollar volume and profit of the business over the next year and beyond. This company has significant opportunity for future growth.
About the Sale
Reason For Selling:The sellers have been in the furniture business their entire lives. They are planning for retirement.
Seller Financing:Seller desires to avoid seller financing.
KEYWORDS: Furniture, Manufacturing, Texas,
Sell Your Business | This listing has been viewed 779 times
advertisement
 |  | |
 |  |
| | ||||
| |||||
| | ||||
| | |
|
Recommended Resources
Sponsored Links
| ||
| |
| | |
|
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
| ||
| |
