Hot Listing

Hi-profit Commercial Furniture Installation Company for sale

Asking Price$3,600,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$10,800,000

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Hi-profit Commercial Furniture Installation Company for sale


Asking Price$3,600,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$10,800,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This company is a well-established full-service commercial furniture and glass partition installation, warehousing and logistics company. It is strictly a labor company; it does not sell products. The vast majority of its revenues come from repeat business from long-term clients. It has a broad client base and is the exclusive vendor for its services for several of its larger, nationwide clients. The company provides superior service to its clients in the most professional manner possible. Through factory training programs and real world installation experience, its installers are expert in the assembly and installation of most major brands of office systems. It has installed many prestige projects and its client list reads as a who's who of large corporations, law firms and well-known institutions. It has a strong second-tier management team and flexible labor structure that can be scaled up and down as needed.
About the Business
Years in Operation
26
Employees
71 (16 Full-time, 55 Contractors)
Facilities & Assets
The business operates out of a rental facility that accommodates its office and warehouse space requirements. The facility is convenient to its core market area. The company has sufficient vehicles and equipment to operate efficiently.
Market Outlook / Competition
Much of the company's work is servicing large national sole-source projects that have limited competition. A majority of projects go beyond basic installation and involve hi-end custom craftsmanship performed by the company's trained craftsmen installers. Although there are several other large install companies in its market, the company does not often compete with them in open bids.
Opportunities for Growth
The company engages in almost no active marketing. Current management has not emphasized growth for many years. Rather, the company has been treated as a “lifestyle” business, producing a very comfortable cash flow without pressure to expand. That being said, there exists a number of “low hanging fruit” opportunities for growth: 1) expanding installation crews to be able to accommodate additional requests for service from existing clients; 2) adding a dedicated sales/business development person to the management team; and 3) expanding into the government market.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will stay with the company for a transition period and train the buyer in all aspects of the business. Additionally, key management personnel are very experienced and knowledgeable and are expected to stay with the business post-transition.
Listing Info
ID
2503291
Listing Views
190

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Business Listed by: Bill Blumberg Prime Investments

Listing ID: 2503291 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. See our full Terms of Use. Learn how to avoid scams.


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