#1490 Manufacturer & Distributor of Specialty Home Furnishings

South East

#1490 Manufacturer & Distributor of Specialty Home Furnishings
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Asking Price: N/A

Cash Flow: $1,184,987

Gross Revenue: $3,135,209

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

#1490 Manufacturer & Distributor of Specialty Home Furnishings

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Business Description

2019 Q2 Revenue: $2,132,564 2019 Q2 Cash-Flow: $944,311
2018 Revenue: $3,135,209 2018 Cash-Flow: $1,184,987

Listing Price: Market Price

OVERVIEW
• 2019 revenue forecast in excess of $4,500,000 producing cash flow of $2.000,000.
• Founder owned and operated
• This business offers interested buyers the unique opportunity to own a highly successful specialty home furnishings manufacturer/ importer / distributor.
• The business has seen success year over year from their quality and price which has created long-term relationships with brick and mortar dealer locations nationwide and internet retailers.
• The business currently operates in a warehouse space that is leased by Seller.

SERVICES & PRODUCTS:
• The business specializes in designing, manufacturing, importing and distributing specialty home furnishings.
• The business only wholesales to its brick and mortar dealer locations and high-end internet retailers.

OPPORTUNITIES FOR GROWTH:
• Currently the business operates with a limited sales force.
• An increase in business development staff would increase revenue and make sure the business’s products are introduced to potential new dealer locations.
• Opportunity to develop additional dealers utilizing continuous new dealer inquires.
• An increase in online marketing could further increase market penetration and accelerate growth.
• Additional OEM Relationships with Nationwide chains or big box stores could be a tremendous enhancement to company growth.

BUSINESS COMPETITIVE EDGE AND STRENGTHS
• The business focuses on products designed to be priced competitively from mid to high end users.
• The business currently distributes products through its dealer locations, drop-shipping and direct shipping to OEM and large dealers.
• The business provides consistency in quality and availability of inventory.
• Within this specialty furnishings industry, the business has built a surpassing strong brand awareness in the marketplace due to its product designs, durability, availability and value.

For more information, contact Larry Lawson, President, Florida Division at Viking Mergers & Acquisitions
Lawson@vikingmerger.com office: (813) 773-3773 direct: (813) 773-3772 cell: (813) 601-1317

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Larry Lawson

Business Listed By:
Larry Lawson

Viking Mergers & Acquisitions

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Sponsoring Broker:
Jay Offerdahl

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