1. Home
  2. Businesses for Sale
  3. New Jersey
  4. Misc Manufacturing/nonclassifiable

Business for Sale Summary

Hospitality Furniture Wholesaler - 26780

Business Type: mfg businesses,all industries,durable goods (conditions),misc. wholesale/distribution/non-classifiable,best deals!,seller financing available,misc. manufacturing/non-classifiable
Owner Financing
Hospitality Furniture Wholesaler
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 307 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $3,400,000 Down Payment $2,600,000
Gross Revenues $7,840,136 Lease Remaining Register Free to View
Owner’s Cash Flow $1,100,995 Number of FT Employees Register Free to View

Financing

$2,600,000 Down and Prime 3% For 60 Months

Business Description

Commercial furniture manufacturing to the hospitality, restaurant, night club and other commercial markets. Business is now generating over 30% return on gross profits. US manufacturing in North America is key to the success of this business model. 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. 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).Financials available to Premium members with proof of funds/funding and refundable 5k deposit. 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. kg

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.