Importer and Wholesale Distributor of Lamps and Furniture

CA

Importer and Wholesale Distributor of Lamps and Furniture
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Asking Price: N/A

Cash Flow: $540,000

Gross Revenue: $5,800,000

EBITDA: $540,000

FF&E: N/A

Inventory: N/A

Established: N/A

Importer and Wholesale Distributor of Lamps and Furniture

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Business Description

Based in Southern California and founded in 1983, the Company is an importer and wholesale distributor of residential lamps, furniture, and related accessories to hundreds of retailers specializing in home furniture and furnishings. The Company also manufactures a wide variety of lamps at its facility. Product mix consists of wholesaling table and floor lamps (74% of 2019 sales), manufacturing lamps made from Hydrocal (14%), and other furniture and home furnishing products (12%). The Company sells to furniture and home furnishings retailers throughout the US. Major customers include American Signature, Inc. (28% of 2018 sales), Living Spaces Furniture (10%), Wayfair (10%), R.C. Willey Home Furnishings (3%), and Kane Furniture Corporation (3%). The account base totals approximately 7,900. The Company’s geographic markets in the latest fiscal year were Indiana (28% of 2019 sales), California (21%), Florida (8%), Michigan (6%), Arizona (4%), and other states (33%).

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Bo Zhao

Business Listed By:
Bo Zhao

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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