Mfg. - Furniture and Fixtures | Wholesale/Dist. - Durable Goods

$Seller Financing Available

Asking Price	$1,200,000	Inventory	$700,000**
Gross Income	$6,500,000	Real Estate
Cash Flow	$500,000	Year Established	1989
FF&E	$300,000*	Employees	30

* included in the asking price

** not included in the asking price

Well-established and profitable, this Remanufacturer and Value Added Reseller of Office Panel Systems and Furniture is among the top companies in its category. Through its lean manufacturing operation, they employ a high-quality and cost effective process to convert used office furniture and cubicle systems into like-new products that are marketed and distributed to commercial customers who seek a quality product at a significantly discounted price. The company differentiates itself by its quick turnaround time of customer orders, most of which are delivered and installed within 2 weeks time from order entry. This firm's unique buying power enables them to acquire liquidated office systems for pennies on the dollar, and then recycle and refurbish into environmentally friendly, high-end products. Their product portfolio also includes new and used case goods and seating. This business is ideal for a strategic, synergistic, or financial buyer looking to acquire an in-house lean manufacturing system, as well as distribution, sales, and marketing expertise in the office systems and furniture industry.

Attachments: Download additional information (PDF)

Facilities: Leased 53,000+/- sq, ft. mfg. warehouse, showroom, and admin space

Competition: The company is the region's largest remanufacturer of office systems and has fully implemented a lean manufacturing process to provide its customers with high-quality, cost-effective solutions. Foreign competition in remanufacturing is not practical and the company's size and systems present a significant barrier to entry for a new entrant. Significant growth opportunities exist to expand sales to other population centers and/or to replicate the model in other regions of North America.

Growth/Expansion: Significant growth opportunities exist to expand sales to other population centers and/or to replicate the model in other regions of North America.

Seller Financing Available: Yes

Financing: Available

Support/Training: Owner will provide transitional support & also available for ongoing sales mgnt. activities.

Reason Selling: Pursue other business interests