Business Description
A rare opportunity to acquire a long-established wholesale furniture distributor serving furniture retailers throughout the country. The business has operated for more than 33 years and has built a reputation for reliability, customer service, and industry expertise. The Company imports furniture from overseas suppliers, stores product locally in a large warehouse, and ships to customers through third-party trucking companies.
The customer base consists of approximately 300 to 500 accounts, primarily smaller independent furniture stores with several larger customers. Purchase orders are received by email and through the Company website, creating an efficient ordering and fulfillment process.
Business Details
ASKING PRICE: $1,200,000
REASON FOR SALE: Retirement
GROSS SALES: $2,599,364
CASH FLOW: $336,000
FACILITY:
Located in the Greater Metro of Minneapolis/St Paul, the Company operates out of a leased 40,000 square foot facility. The lease expires in 2030; landlord is willing to sign a longer lease.
EMPLOYEES: 3
