Manufacturer & Distributor of Specialty Home Furnishings (#1490)

Revenues:
$3,277,145
Adj. Cash Flow:
$1,209,339
Region:
Unspecified – Southeast
Location:
Southeast
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

Overview:

2020 (6 Month) Revenue: $2,631,8922020 (6 Month) Cash-Flow: $1,012,398
2019 Revenue: $3,277,1452019 Cash-Flow: $1,209,339
2018 Revenue: $3,135,2092018 Cash-Flow: $1,184,987
2017 Revenue: $2,769,2842017 Cash-Flow: $537,990

OVERVIEW
•Founder owned and operated
•This business offers interested buyers the unique opportunity to own a highly successful specialty home furnishings manufacturer/ importer / distributor.
•The business has seen success year over year from their quality and price which has created long-term relationships with brick and mortar dealer locations nationwide and internet retailers.
•The business currently operates in a warehouse space that is leased by Seller.
SERVICES & PRODUCTS:
•The business specializes in designing, manufacturing, importing and distributing specialty home furnishings.
•The business only wholesales to its brick and mortar dealer locations and high-end internet retailers.

OPPORTUNITIES FOR GROWTH:

•Currently the business operates with a limited sales force.
•An increase in business development staff would increase revenue and make sure the business’s products are introduced to potential new dealer locations.
•Opportunity to develop additional dealers utilizing continuous new dealer inquires.
•An increase in online marketing could further increase market penetration and accelerate growth.
•Additional OEM Relationships with Nationwide chains or big box stores could be a tremendous enhancement to company growth.

BUSINESS COMPETITIVE EDGE AND STREGNTHS

•The business focuses on products designed to be priced competitively from mid to high end users.
•The business currently distributes products through its dealer locations, drop-shipping and direct shipping to OEM and large dealers.
•The business provides consistency in quality and availability of inventory.
• Within this specialty furnishings industry, the business has built a surpassing strong brand awareness in the marketplace due to its product designs, durability, availability and value.

Revenue:
$3,277,145
Adj. Cash Flow:
$1,209,339

Your Listing Advisor.

Larry Lawson III

Larry Lawson III

Partner

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