Hospitality Furniture Wholesaler - 26780

Union County, NJ

Hospitality Furniture Wholesaler  - 26780
Contact Seller

Asking Price: $3,400,000

Cash Flow: $1,100,995

Gross Revenue: $7,840,135

EBITDA: N/A

FF&E: $85,000

Inventory: $1,000,000*

Established: 2003

*not included in asking price.

Hospitality Furniture Wholesaler - 26780

Save Print Share Valuation Report

Business Description

Commercial furniture manufacturing to the hospitality, restaurant, night club and other commercial markets. Business is now generating over 30% return on gross profits. US manufacturing in North America is key to the success of this business model. This company concentrates exclusively on servicing hospitality and restaurant accounts either direct or through designers/agents. The finish manufacturing business model results in high profit margins, shorter sale cycles, larger orders (due to the ability to offer custom design) and lower cost of sales. This is a unique business model in the industry with a unique selling proposition. Comprehensive and inclusive business model includes operational management, manufacturing fulfillment, and well known, nationally branded clientele. Business model is producing stellar financial success, year after year with three-year results demonstrating triple-digit growth in financials. Supportive and strong cash flow. Sellers are committed to sale and transition. Well documents financials are available, and the Business is run semi absentee. Sellers are requesting a complete sale of business. Operational partner will stay on for one-year transition (at current salary/benefits). CEO will stay on for six months ( at current salary/benefits).Financials available to Premium members with proof of funds/funding and refundable 5k deposit. Please call the broker for further information at 1-877-735-5224

Detailed Information

Location:
Union County, NJ
Inventory:
Not included in asking price
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Yes
Reason for Selling:
Other
Business Website:
http://www.vestedbb.com
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1521197 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


ATAX

Franchise Opportunity
Cash Required: 25000