Business Summary:
Manufacturer & Distributor of Medium-Priced Upholstered Furniture. The company sells their goods to mom and pop retail stores (75%) and to other ditributors (25%). It imports 25% of the goods it sells, manufactures 40% and distributes goods from other domestic manufacturers 35%.
The company has no in-house salesmen, but has over 200 active accounts, of which the top 3 customers account for 25% of the business. The company sells its goods east of the Mississippi.
Sale price includes FF&E valued at 150K and Inventory of $275K.
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| Year
Business was Established: 1991 |
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| Number of Employees:
25 Full Time |
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| Facilities / Terms of Lease:
43,000 sq. ft. building |
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| Owner
willing to finance:
Seller will not provide financing |
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| Owner
willing to train:
Seller will provide training |
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| Reason for selling:
Relocation |
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Seller Reference Number: 1177-MM
BusinessMart.com Listing Number: 20065 |
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