Furniture Frame Manufacturer in Alexander County,

South East

Furniture Frame Manufacturer in Alexander County,

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$1,729,000

EBITDA:$30,000

FF&E:N/A

Inventory:N/A

Established:N/A

Furniture Frame Manufacturer in Alexander County,

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Business Description

A well-established manufacturer and provider of high-end furniture frames to furniture
manufacturers and upholsterers.

Key Aspects
· In business for over 45 years
· Revenue breakdown as follows: 50% sofas, 25% loveseats, 10%
chairs, 10% ottomans, and 5% misc.
· High quality customer service, including fast deliveries
· Strong reputation in the local market with 90% repeat business
· Long-standing relationships with customers (10-15 years on average)
· Long-term stable workforce with tenures of 10 to 35 years
· Room to grow in current facility
· Expects 15%-20% revenue growth by FY 2015

Opportunities
· Create a company website
· Expansion capabilities
· Develop sales and marketing team
· Continue to launch new designs

Potential Purchasers
· Furniture Manufacturing
· Household Furniture Manufacturing
· Office Furniture Manufacturing
· Wood Product Manufacturing
· Furniture and Home Furnishings Stores
· Private Equity Groups (PEG) and Investment Groups

Headquartered
· North Carolina - Alexander County

Market Currently Served
· North Carolina, primarily Alexander County

Real Estate
· The company operates from an affiliate-owned facility. The
improvements consist of one block building of approximately 30,000
sq. ft. and a metal building of approximately 20,000 sq. ft. The
property could be included in the sale or rented to new ownership,
depending on the deal structure. The owner notes that the buildings
are in good condition and there is room for expansion in both.

Shareholder/ Owner Objectives
· Single owner, looking to retire. The owner is prepared to remain with
new ownership as a consultant after the sale for a handover period to
facilitate a smooth transition.

Attached Documents


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Tyrus O'Neill

Business Listed By:
Tyrus O'Neill

Benchmark International

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Sponsoring Broker:
Emily Cogley

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