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This Business has been Sold!
Closing Date: 04/15/2011

Business for Sale Summary

Wholesale Furniture Distributor - 18030

Business Type: wholesale/dist businesses,all industries,durable goods (conditions),non-durable goods (ie:services/occupations),misc. wholesale/distribution/non-classifiable
Sold
Wholesale Furniture Distributor
On April 15th 2011, The Undersigned
Acted as the Advisor to the Deal
Marie Goldstein
Marie Goldstein Senior Broker
Servicing: This Broker is Servicing All of CT, ME, NC, NH, NJ, NY, OH and PA
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.

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.