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Hospitality Furniture Wholesaler In Essex County For Sale

Essex County, New Jersey
Asking Price:
$3,400,000
Sales Revenue:
$7,840,135
Cash Flow:
$1,100,995

For sale- wholesale business for hospitality, restaurant, night club and commercial markets. Business is now generating 31.29% return on gross profits. Finish manufacturing in North America is key to the success of the business. This company concentrates exclusively on the wholesale hospitality trade. The finish manufacturing business model results in high profit margins, shorter sale cycles, larger orders (due to the ability to offer custom ordering), and lower cost of sales. This is a unique business with a unique selling proposition. Comprehensive and inclusive business model includes operational management, manufacturing fulfillment, and well-known, nationality-branded clientele. Business model is producing stellar financial success, year after year, with 2016 results demonstrating triple-digit growth in financials. Supportive and strong cash flow. Seller is committed to sale and transition. Partnership with the right candidate will be considered. Well-documented financials are available, and the business is run semi-absentee.

Business Operation

Reasons for selling:

Family/other business interests.

Employees:
30
Years established:
15

Other Information

Support & training:

Seller will train buyer.

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

2,600,000.00 Down & Prime 3% For 60 Months.

Furniture / Fixtures value:
$85,000
Inventory / Stock value:
$1,000,000

Contact Information

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