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Distributor And Manufacturer Of Home Goods In Mid-Atlantic For Sale

US
Asking Price:
$2,000,000 Furniture / Fixtures included
Sales Revenue:
$7,000,000
Cash Flow:
$1,300,000

Wholesale distributor and manufacturer of lighting products, lamps and other home goods is available for sale. Its largest customers are well known internet platforms and retail showrooms which stock this branded product line. The Company specifies the design, colors and materials of the lighting products. Some of the products are manufactured offshore. Others are manufactured and assembled domestically. The Company's warehouse is located in the Mid-Atlantic region with products distributed nationally. In addition to buying the business, the purchaser may opt to purchase the real estate from the Seller which is generating $12,000 per month from unrelated tenants or the purchaser may opt to pay $12,000 per month rent for use of 24,000 square feet of the building in which the business is now operating. Cash flow has increased to 1,300,000!
Facilities:
Property is owned by the Seller. It has 36,000 sq. ft. of which 24,000 sq. ft. is currently being used by the business.
Real Estate Available: Yes
Real Estate Included: No
Real Estate Description:
36,000 sq. ft building housing the business plus two unrelated tenants. Building available for purchase or lease.

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $12,000.00
Is Going Concern: Yes

Property Information

Size in square feet:
24,000

Business Operation

Reasons for selling:

Other interests

Employees:
Full Time: 36
Years established:
43

Other Information

Support & training:

Purchaser can enter into a consultant agreement with current business owner.

Furniture / Fixtures value:
$500,000 - included in the asking price
Inventory / Stock value:
$600,000