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Hospitality Furniture Wholesaler In New Jersey For Sale

New Jersey
Asking Price:
$3,400,000 (USD)
Sales Revenue:
$7,840,135 (USD)
Cash Flow:
$1,100,995 (USD)

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.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other

Employees:
30
Years established:
15

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

2,600,000.00 Down & Prime 3% For 60 Months

Furniture / Fixtures value:
$85,000 (USD)
Inventory / Stock value:
$1,000,000 (USD)

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