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National Hospitality Furniture Manufacturing Company
Location: United States -> New Jersey -> Essex County
Industry: Manufacturing > Furniture Manufacturing




Business Summary

WHOLESALE TO THE HOSPITALITY/RESTAURANT/NIGHT CLUB AND COMMERCIAL MARKETS ONLY! Business is now generating 31.29% return on gross profit! Finish manufacturing in North America is Key to the success of the business. This company concentrates exclusively on the wholesale hospitality trade. The finish manufacturing business model results in high profit margins, shorter sales-cycles, larger sales orders (due to the ability to offer customer custom ordering) and lower cost of sales. This is a unique business with a unique selling proposition. Comprehensive and inclusive business model includes operational management, manufacturing fulfillment and well known nationality branded clientele. Business model is producing stellar financial success year after year with 2016 results demonstrating triple digit growth in financials year over year! Supportive and strong cash flow! Seller is committed to sale and transition. Partnership with the right candidate will be considered. Well documented financials are available and the business is run semi-absentee.

Please call the broker for further information at 1-877-735-5224.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $7,840,136
Cash Flow:   $1,100,995
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2002
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller will train buyer.
Reason For Selling:  Family/other business interests.

Photos

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National Hospitality Furniture Manufacturing Company Photo 1 National Hospitality Furniture Manufacturing Company Photo 2 National Hospitality Furniture Manufacturing Company Photo 3




Print Listing Id: 700284466
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