Wholesale Furniture Distributor - 18030 Business Type: wholesale/dist businesses,misc. wholesale/distribution/non-classifiable
Acted as the Advisor to the Deal
All of NJ
All of CT
All of PA
All of OH
All of NC
All of NH
All of ME
Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $375,000 | Down Payment | $0 |
Gross Revenues | $1,380,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $197,200 | Number of FT Employees | Register Free to View |
Financing
$0 Down and negotiable.
Business Description
This long established wholesale furniture distribution business is a market leader with a solid gold reputation built over 22 years. Know for quality, service, and style, this business distributes an extensive line of furniture to retail businesses in more than 10 states in the U.S. This is a global manufacturing and distribution business with entire network in place from factory to clients. Included with this business are rock-solid ties with overseas distributors, factories, shipping relationships, and over 220 retail accounts. Low overhead and strong income keep bottom line strong while top end sales are easily grown with expansion into new U.S. and Canadian markets as well as addition of Internet based sales and promotion. Present owner will to remain on limited basis to ensure smooth transition. One of the best opportunities in the entire VBB portfolio. Terms available for qualified buyers.
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.
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