Furniture Company

Plano, TX (Collin County)

Seller Financing Available
Furniture Company
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Asking Price: $3,600,000

Cash Flow: $800,000

Gross Revenue: $4,730,000

EBITDA: N/A

FF&E: N/A

Inventory: $1,100,000

Real Estate: $2,400,000

Established: 2010

Furniture Company

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Business Description

Manufacturing To Retail

Well Established Company With 25 Loyal Employees. The Company Started In Retail And occupies 44,000sf of retail space.

The company specializes in only producing and selling quality solid wood furniture

Detailed Information

Location:
Plano, TX
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
76,000
Employees:
24
Facilities:
Manufacturing Facility 76000sf (owned) Manufacturing Facility 10000sf (Leased) Retail Space 18000sf (Leased) Retail Space 26000sf (Leased) 1100000 Inventory 16’ Box Truck (Owned) 26’ Box Truck (Owned) 26’ Enclosed Trailer (Owned) 26’ Enclosed Trailer (Owned) 16’ Flatbed (Owned) Dump Trailer (Owned)
Competition:
New housing has created a market increase but also drove in more competition. We combated this with buying and opening manufacturing companies. This allows us to create our own product with better quality at a better price.
Growth & Expansion:
We re-invested 2 million in 2019 and slotted additional growth for 2020.
Financing:
10% Down 6% 10yr Fixed
Reason for Selling:
Family Separation
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Business Listed By:
Justin Smith

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