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Sunbelt of Charlotte

Framed Art & Silk Plants Manufacturer & Distirbutor For Sale

Charlotte, North Carolina
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$605,000 (USD)
Cash Flow:
$150,000 (USD)

This company sells products it manufacturers like framed art and silk plants to commercial accounts, many of which are large corporate entities and governmental agencies. The business was established over 20 years ago and the owner is at retirement age and ready to pass the business off to someone who has the energy to take it to the next level.

This business had a cash flow of approximately $500,000 in 2016 with sales of $1.5 Million (2016). Sales are now about half of the volume but picking up strongly in 2019. The ideal buyer will has a sales aptitude with some experience or interests in interior design.

There is no formal asking price but there is approximately $500,000 in hard assets alone (Inventory and equipment). 2017 was largely a breakeven year on sales of $670,000 while 2018 had a cash flow of $150,000 on sales of $605,473. Projected Sales for 2019 are $900,000 with over $200,000 cash flow based on orders in hand in the first quarter of 2019.

Property Information

Real Estate:

Lease

Premises Details:

6100.00

Size in square feet:
12,000 sq ft

Business Operation

Reasons for selling:

Retirement & Health Issues

Employees:
Full Time: 6
Years established:
20

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

Seller will negotiate a transition period

Financing available:

Downpayment Required: ON REQUEST
Financing is Available

Furniture / Fixtures value:
$250,000 (USD) - included in the asking price
Inventory / Stock value:
$250,000 (USD) - included in the asking price

Contact Information

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