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Office And Home Fitted Furniture Solutions
Location: United States -> Minnesota -> Twin Cities
Industry: Retail > Other Retail




Business Summary

For over 30 years, this company has specialized in -fitted- furniture solutions built with their proprietary modular furniture. The mission is to provide the client with individually designed, high quality furniture solutions at a fraction of the cost of custom made furniture. With $369,000 in assets, this dynamic company utilizes in house engineering and manufacturing as well as outside resources to create beautiful solutions that fit any space perfectly, maximizing storage and functionality. Projects include both residential (70%) and commercial (30%). The modular furniture system includes components for desking, storage, bedroom, home entertainment, wall beds, closets and garages. The owners focus on managing the daily operations including design, sales, ordering, production, marketing, and financial oversight.

Operations are managed from a conveniently located headquarters with ample space for the showroom, offices, and work area for manufacturing and assembly. The well-trained team of ten includes designers, sales representatives, accounting staff, as well as employees who focus on production, assembly, delivery, and installation. Continued growth can be found through increased marketing to commercial clients and residential builders for custom closets.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,503,392
Cash Flow:   $249,373
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $369,000
Seller Financing:  Yes

About The Business

Year Established:  1986
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Negotiable, seller willing to remain a part of the team
Reason For Selling:  Retirement planning

Photos

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Office And Home Fitted Furniture Solutions Photo 1




Print Listing Id: 700342773
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Also See: Franchise Opportunities > Franchise Resales > Minnesota Businesses For Sale > Minnesota Franchises For Sale > Minnesota Business Brokers



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