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Business for Sale Summary

Furniture Manufacturer for Sale in Mercer County, - 26780

Business Type: mfg businesses,misc. manufacturing/non-classifiable,misc. wholesale/distribution/non-classifiable,seller financing available,home furniture/ furnishings
Owner Financing
Furniture Manufacturer for Sale in Mercer County,
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Financial Information (non-confidential)

General Information
Asking Price $2,500,000 Down Payment $1,700,000
Gross Revenues $4,578,200 Lease Remaining Register Free to View
Owner’s Cash Flow $687,600 Number of FT Employees Register Free to View

Financing

$1,700,000 Down and Prime 2% For 60 Months

Business Description

Commercial furniture manufacturing to the hospitality, restaurant, night club and other commercial markets. Business is now generating increased EBITDA over last and previous years. PRICE INCLUDES INVENTORY. US manufacturing in North America is key to the success of this business model (NO NEED FOR INTERNATIONAL SHIPPING AND FROM PORT TRUCKING). This company concentrates exclusively on servicing hospitality and restaurant accounts either direct or through designers/agents. The finish manufacturing business model results in high profit margins, shorter sale cycles, larger orders (due to the ability to offer custom design) and lower cost of sales (A RARE MANUFACTURING MODEL AT THIS POINT IN HISTORY). This is a unique business model in the industry with a unique selling proposition. Comprehensive and inclusive business model includes operational management, manufacturing fulfillment, and well known, nationally branded clientele. Business model is producing stellar financial success, year after year with three-year results demonstrating triple-digit growth in financials. Supportive and strong cash flow. Sellers are committed to sale and transition. Well documents financials are available, and the Business is run semi absentee. Sellers are requesting a complete sale of business. Operational partner will stay on for one-year transition (at current salary/benefits). CEO will stay on for six months (at current salary/benefits). Financial information available to Premium members with proof of funds/funding and refundable 5k deposit. SELLER IS READY TO CLOSE A TRANSACTION IMMEDIATELY. Please call the broker for further information at 1-877-735-5224.

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.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.