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Listed by:

BTI Group

Broker license number: WA 17578 & 674920000

Business Furniture Distributor In King County For Sale

King County, Washington, US
Asking Price:
$795,000 Furniture / Fixtures included
Sales Revenue:
$345,682
Cash Flow:
$99,587

The Company provides modular business furniture and complimentary services to a broad range of customers. Comprehensive services facilitate customer acquisition and retention.

The Company has consistently high repeat sales and there is no customer concentration. The mix of new and used products serves customers changing needs and balances economic cycles. Sales of like-new used furniture have enabled the company to post strong results even in the weakest economic times.

This business is very scalable and has excellent expansion potential.

Working capital requirements are modest due to favorable billing terms and low fixed costs. SEA129

Property Information

Real Estate:

Lease

Lease Terms:

The current lease will expire on 4/1/2023, A new lease is available

Leasehold Rent:

$9,034 per annum

Living Accommodation:

Washington State’s Puget Sound region continues its fast-paced growth with more start-ups and companies moving in from out of the area along with growth from established companies.

Construction is at record levels and the outlook remains strong. A strategic purchaser can leverage their existing resources and realize even greater profitability

Location:

Seattle Metropolitan Area

Premises Details:

Leased facilities are centrally located to the Company’s serving area. Effective inventory management yields a secondary benefit of reduced warehouse space requirements.
Furniture, Fixtures, & Equipment (FF&E): The assets are up-to-date and support future growth.
Inventory: Low investment and rapid turnover.

Size in square feet:
11,400

Business Operation

Expansion Potential:

Is modest and primarily local. The Company’s product mix and services make it an effective competitor.

Competition / Market:

Is modest and primarily local. The Company’s product mix and services make it an effective competitor.

Reasons for selling:

Retirement

Trading hours:

Monday thru Friday from 9 amt o 5 pm

Employees:
10 FT/1 FT Owner
Years established:
1999

Other Information

Support & training:

Seller will transition the business according to the purchaser’s requirements.

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

The seller will consider partial financing for a well-qualified buyer. SBA approved for $636,000

Furniture / Fixtures value:
$223,000 - included in the asking price

Contact BTI Group

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