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Asking Price$495,000
Revenue$934,245 Established2002
Cash Flow$169,337 Employees6 full-time
FF&E$200,000 FranchiseNo
Inventory$120,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 33516

High End Furniture Manufacturing & Distribution. All proudly made in the USA. For the past 12 years, this business has grown into a well-respected brand with several lines of high end indoor and outdoor furniture and home furnishings. Over the past few years the business has shifted from 70% retail / 30% wholesale to 85% wholesale last year. This has reduced the overhead for travel, trade shows, etc. The owner does not sell on Amazon or Ebay. There are some direct retail sales through their website, but no one is pushing that side of the business as the owner is involved with other projects. In the past year the business grossed approx. $934,245.00 with a conservative net profit of approx. $169,337.00. This is what is documented on the tax returns. The sale price includes over $200K in custom furniture, fixtures and equipment, trade names, trademarks, designs, website, logos, etc. An additional $120K in inventory is included as well! The business operates out of a 20,000 sf. building that is for sale though the owner for an additional $450K. If you prefer, the facility can be leased for $3,900/mth., triple-net. This business may qualify for the SBA 7a program with 20% down or less! We are seeking a serious and financially qualified buyer with at least $320K in liquid funds to cover the down payment if you seek seller financing for the purchase of the business. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. All site visits or phone conferences must be scheduled by appointment only.

Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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Training/Support:Seller will train
Seller Financing:320,000.00 Down & $175,000 over 4yrs. @ 6%
Sale Reason:Other businesses.
Ad #120470
Seller Reference #33516
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