LA County based Commercial Furniture Manufacturer established for over 25 years with in house design and manufacturing including woodwork and upholstery is available for acquisition. The company has a dynamic product line and builds office use, commercial furniture, retail, and dorm furniture for colleges. Products range from office furniture, to restaurant furniture, dorm room furniture, auditorium and waiting room seating, and other commercial use furniture. The company manufacturers custom and semi-custom furniture to order for commercial clients and colleges nationwide and has a reputation for quality, functionality and innovation. The company sells its products through a network of authorized dealers nationwide.
* $906,185 revenue
* $159,036 Discretionary Earnings
* SBA financing available for qualified buyer
* $79,759 down payment with SBA financing for qualified buyer
* Excellent Books and Records
* Asking $275,000
The company is prepared to build designs to match the specific needs of customers. Commercial furniture projects range from design standardization programs to major custom design projects for a variety of industries. Approximately 80% of orders are for custom work which reduces competition and gives the company a competitive advantage. The company also offers reupholstery services for commercial clients.
The company has 5 full time highly knowledgeable and skilled employees in manufacturing, the owner currently does some sales and quotes plus oversees production. The owner is in the process of hiring a production manager to reduce his involvement in operations and ease the transition for a new owner.
The Seller is retiring and will train for four weeks and optional consulting after the four week training period.