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Furniture Manufacturing And Distribution Business In Salem County For Sale

Salem County, New Jersey, US
Asking Price:
$495,000 Inventory / Stock included
Sales Revenue:
$934,245
Cash Flow:
$169,337

High End Furniture Manufacturing & Distribution. All proudly made in the USA. For the past 12 years, this business has grown into a well-respected brand with several lines of high end indoor and outdoor furniture and home furnishings. Over the past few years the business has shifted from 70% retail / 30% wholesale to 85% wholesale last year. This has reduced the overhead for travel, trade shows, etc. The owner does not sell on Amazon or Ebay. There are some direct retail sales through their website, but no one is pushing that side of the business as the owner is involved with other projects. In the past year the business grossed approx. $934,245.00 with a conservative net profit of approx. $169,337.00. This is what is documented on the tax returns. The sale price includes over $200K in custom furniture, fixtures and equipment, trade names, trademarks, designs, website, logos, etc. An additional $120K in inventory is included as well! The business operates out of a 20,000 sf. building that is for sale though the owner for an additional $450K. If you prefer, the facility can be leased for $3,900/mth., triple-net. This business may qualify for the SBA 7a program with 20% down or less! We are seeking a serious and financially qualified buyer with at least $320K in liquid funds to cover the down payment if you seek seller financing for the purchase of the business. To learn more, please call or email Mel Vaz. All site visits or phone conferences must be scheduled by appointment only.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33516 for instant access to this business information.

Business Operation

Reasons for selling:

Other businesses.

Employees:
6FT
Years established:
2008

Other Information

Support & training:

Seller will train

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

320,000.00 Down & $175,000 over 4yrs. @ 6%

Furniture / Fixtures value:
$200,000
Inventory / Stock value:
$120,000 - included in the asking price

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