Manufactured walls. This company manufactures and installs custom walls that are cleanly installed in existing commercial spaces. The walls and dividers can support wall-mounted screens, include some glass or be floor to ceiling glass. This is a unique business that provides installation of walls and doors, but because it is classified as furniture, this does not require any contractors' license. As with custom furniture orders, large deposits are paid up-front. The installation crews are all trained W-2 employees. The customers are Fortune 500 companies, government offices, universities and other institutions. With office spaces being reconfigured as companies rethink their office environments, this company offers tremendous customization and flexibility.
- Asking Price:
- $950,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,486,483
- Cash Flow:
- $283,271
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business is located in a large warehouse with office space. The offices serve as a showroom, featuring various uses and variations of the product installed and functioning.
Business Operation
- Expansion Potential:
-
The owners have consciously kept the business to their desired size, and resisted some growth. There are several potential directions for growth; add products and services for existing clients, actively pursue additional clients, and expand geographic area to service.
- Competition / Market:
-
There are a few companies that provide these products, primarily large furniture companies. Because this company manufactures their own products and maintains an inventory of all the materials, this company can provide service to their client, even for small repairs and adjustments.
- Reasons for selling:
-
Reason for Sale is retirement.
- Trading hours:
-
Monday-Friday 8am-5pm
- Employees:
- 27 FT
- Years established:
- 16
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Financing available:
-
Lender pre-screened with $92K down.
- Furniture / Fixtures value:
- $332,310 - included in the asking price
- Inventory / Stock value:
- $388,630 - included in the asking price
- Relocatable:
- This business can be relocated.