Furniture Manufacturing and Distribution Business - 33516

Financing

$320,000 Down and $175,000 over 4yrs. @ 6%

Business Description

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.

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.