20 Year Used & New Office Furniture Dealer

20 Year Used & New Office Furniture Dealer Location: Cincinnati
Listing Number: 92018del

Financial Information

Asking Price: $650,000
Gross Revenues: $1,336,585
Cash Flow: $268,000
Real Estate: Company leases space

Business Description

 

20 Year Pre-owned Office Furniture Dealer 

This well – established and independent company, owned by a retirement aged owner with health issues, is an outstanding opportunity for a sales - oriented buyer.  Long term (over 70 total years of service) and highly qualified employees allow the seller to be a semi – absentee owner.  The company typically sells cubicles, work stations, file cabinets, conference tables, desks, chairs, systems furniture, reception furniture, new office furniture, and used office furniture.  Services include furniture liquidation, furniture installation, office design, office relocation, and furniture decommissioning.  This business model could be easily replicated in other cities as a means of growth.  Seller will train in all aspects of the business and will be available to ensure a smooth transition.  The business is offered as an asset purchase, free and clear of debt. Highlights include: 

SBA loan qualified

Great online showroom

Very broad customer base

Price includes all tools and equipment

Absolutely no accounts receivable issues

No customer represents more than 10% of sales

 Sells only high-quality brand name merchandise

Clean books and records – all numbers are verifiable

Excellent marketing programs including social media