Niche Distrib & Svc Co - Hospitality Mkt High Profits
Location:
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Gross Revenue: $9,000,000
Gross Revenue Comments: growing fast
Cash Flow: $540,000
Cash Flow Comments: growing
Inventory: $600,000 (Included in Asking Price)
FF&E: $100,000 (Included in Asking Price)
Seller Financing: Seller owns the real estate and will sell with business or lease.
Business Summary
Niche distribution & service company selling products and services to the hospitality industry. The company has two divisions. One is a complete in-house furnishings design studio which sells everything from drapes & window funishings, to furniture, fixtures, accessories, lamps, etc. Most of this work is in the renovation market which is very steady business year in/year out and continues to grow. The other division sells and replenishes the hundreds & thousands of ammenities which are used, consumed, worn-out or replaced with hotels. These include irons, clock radios, hair dryers, coffee makers, bedspreads, towels, linens, soaps, shampoos, etc. A number of these items are imported in bulk via sea-going containers for increased margins. Sales & profits have been growing 25-30%+ per year. Geographic location and company's service area can be disclosed after a Confidentiality agreement is executed. This is an excellent acquisition for a strategic or synergistic type buyer or an entreprenuer who would like to continue its current high growth trend. Management willing to provide transition period and has flexibility.
About the Business
Relocatable: Yes
Facilities: Very nice
Market Outlook and Competition: Excellent
About the Sale
Management Training and Support: Flexible transition period
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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.
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