Price Reduction! - High-End Custom Manufactured Furniture Supplier

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Asking Price:
$800,000

Gross Revenue:
$2,500,000
Cash Flow:
$500,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$250,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is an amazing business for someone who knows the furniture industry. The company is a very well-established and highly respected manufacturer of high-end custom designed furniture.

Clients include celebrities and some of the most recognized commercial, hospitality, architecture, and design names in their respective industries. In-house services include: furniture, finishing, upholstery, and window treatments.

The company is known for being a one stop shop for custom furniture requirements and is consistently used by the most recognized retail brands in the world.

About the Business

Year Established:
1971
Number of Employees:
12
Facilities:
Days & Hours of Operation: 6 Days
Non-owner Payroll: $ 23,300
Absentee Owner: No
Inventory: $250,000 (not included in asking price)
Lease Security: 22500
Monthly Rent: $ 13,388
Square Footage: 20000
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Will provide as necessary.

Listing Info

ID:
1228750
Ad Detail Views:
1029

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Business Listed by

Sid Mollin

Inbar Group Inc

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Sponsoring Broker:

Jay M. Inbar,Certified Mergers &Acquisition Pro
Inbar Group Inc - Business Brokers

U.S. Census Data for Queens, NY
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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