Commercial Outdoor-Indoor Furniture Manufacturing - Orange-County-Business-Broker

Commercial Outdoor-Indoor Furniture Manufacturing

  • Engagement Number : 1815
  • Title: Commercial Outdoor-Indoor Furniture Manufacturing
  • Location: Orange County
  • Asking Price: $235,000
  • Gross Sales: $850,720
  • SDE : $200,031
  • Real Estate:
  • Industry: Manufacturing

The company designs and manufactures indoor and outdoor furnishings for public spaces including malls, hotels, resorts, commercial centers, and education facilities.  The Company has been established for over thirty years and has supplied benches, tables, chairs, planters, litter receptacles and more for hundreds of retail centers, hotels, resorts, universities, and public plazas across the country.  The Company has a broad standard product line and is well known for its custom fabrication skills and experience. The company manufactures both custom and semi-custom furniture for customer specific designs, locations and environments.

  • $850,720 Revenue
  • $200,031 Discretionary Earnings
  • SBA Financing Available for qualified buyer
  • $50,000 down with SBA Financing
  • Excellent Books and Records

The company works closely with architects and designers to create the exact look and functionality desired by the client.  There are no “retail” or consumer accounts or sales, all sales are B2B to commercial clients.

The Seller is retiring and has some medical issues.

Financial Summary

 201820172016
Revenue$850,720$519,755$326,374
Cost of Goods Sold$496,664$229,115$218,692
Gross Margin$354,056$290,640$107,682
Operating Expenses$173,200$232,510$227,974
Net Profit (tax return)$180,856$141,958-$120,292
Earnings
Owners Benefits (Add Backs)$19,175$1,076$136,375
Discretionary Earnings$200,031$143,034$16,083

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