Description

Long established(108 yrs.) furniture importer/distributor. Name has been in furniture industry since 1907. Distribution to more than 10 states and over 250 retail accounts This long established wholesale furniture distribution business is a market leader with a solid gold wholesale reputation built over 25 years. Known for quality, service, and style. This business distributes an extensive line of furniture to retail businesses in more than 10 states in the U.S. No competition in their niche. This is a global manufacturing and distribution business with entire network in place from factory to clients. Four sales reps in 4 states- can add more reps and skus Included with this business are rock-solid ties with overseas distributors, factories, shipping relationships, and over 250 retail accounts. Low overhead and strong income keep bottom line strong while top end sales are easily grown with expansion into new U.S. and Canadian markets as well as addition of Internet based sales (groundwork already in place), though not included in current or projected revenues. Present owner willing to remain on as needed to ensure smooth transition. This business could easily be relocated or merged into an existing entity in a similar industry or add-on to a retailer. Sales could go grow exponentially with Internet marketing in place, and enlarging the distribution network to additional states. Other options include more designer involvement and customization. Sellers will finance part of the inventory. Contact Broker Joseph Stansky for more details. Proof of funds of $200k required. Please refer to the Confidentiality Agreement below for further information.
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Financial Summary

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