Business Furniture With Exceptional Profit Margins

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Asking Price:
$1,750,000

Gross Revenue:
$2,461,000
Cash Flow:
$663,000
EBITDA:
$523,000
Inventory:
 Not Disclosed

FF&E:
$235,600
included in asking price

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Business Description

The Company provides modular business furniture and complementary products to customers that span a broad size range. Comprehensive services facilitate customer acquisition and retention.

This business has a distinctly different business model that delivers print margins far above the industry and excellent growth potential.

About the Business

Location:
King County, Washington
Year Established:
2000
Number of Employees:
9
Real Estate:
Leased
Building Sq. Ft.:
11,387
Rent:
$5,386.00 Per Month
Lease Expiration:
6/30/2023
Facilities:
Leased facilities are centrally located to the Company’s serving area. Effective inventory management yields a secondary benefit of reduced warehouse space requirements.
Furniture, Fixtures, & Equipment (FF&E): The assets are in place to provide support anticipated requirements.
Inventory: Low investment and rapid turnover.
Market Outlook/
Competition:
Varies in size and focus and is primarily local. The Company is an effective competitor.
Growth & Expansion:
Washington State’s Puget Sound region is continuing its fast-paced growth with more start-ups, companies moving in from out of the area, and expansion in both new and well established companies. Construction is at record levels and the outlook remains strong. A strategic purchaser can leverage their existing resources and realize even greater profitability.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will transition the business according to the purchaser’s requirements.
Seller Financing:
Seller will consider partial financing for a well-qualified buyer.

Listing Info

ID:
1532293
Ad Detail Views:
360

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$
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Business Listed by

Eric Breidenbach

Business Team-SJ
License# WA 17578

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Sponsoring Broker:

Michael Floorman
Business Team-SJ
License# 01160661


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