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Profitable Furniture Distribution and Installation Co

#26688
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Jeannette026-FINAL 4 LIGHT GRAY

Jeannette Engel
Union Bay Group
(206) 783-1717

Business Overview

Available for acquisition are a lean and profitable wholesale supplier and installer of office furniture, and they have been serving the Chicago area for nearly 30years. Strong supplier relationships have continued to support strong margins for this company, and the local customer base has continually chosen this company for their office furniture needs due to the companies vast product offering, quick delivery and quality installation work. The company primarily serves small to mid-sized businesses in the Chicagoland area, but has also enjoyed longstanding relationships with a half a dozen larger accounts that do comprise about half of their business. The firm has a dependable small staff that all can perform all delivery, installation, and warehouse functions. The owner has been responsible for all sales and marketing endeavors. This business would continue to thrive with a sales and marketing oriented owner that has experience selling larger accounts, and is service minded to take care of all customers. This business has remained very stable during the Covid crisis.

Listing Details

  • SIC

    50

  • Price

    $1,850,000

  • Downpayment

    $1,665,000

  • Adjusted Net

    $490,984

  • Annual Sales

    $1,454,052

  • Area

    Eastern Midwest (OH, IN, KY, MI, IL)

Relocatable

Home Based

Franchise

Lender Pre-Qualified

  • A/R

    $212,053

  • Inventory

    $129,457

  • FF&E

    $121,262

  • Leasehold

    N/A

  • Vehicles

    N/A

  • Real Estate

    N/A

  • Other Assets

    N/A

  • Total Assets

    N/A

  • Included

    N/A

  • Current Liabilities

    $109,659

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