
40 Years Old High End, Quality US Based Furniture Manufacturer
40 Years Old High End, Quality US Based Furniture Manufacturer
Price: $300,000
Location: South Bay of Los Angeles County
Industry: Furniture and Related Product Manufacturing
Listing ID: ZBB2120
DESCRIPTION
This fine furniture manufacturer has been designing and creating high-quality Made in the USA product lines since 1980. The company takes pride in quality workmanship following modern contemporary styles while keeping the classic designs everyone loves.
Staff: There are 11 full-time employees that have been with the business for many years. Two key employees, the Production Manager, and Office Manager handle all the day-to-day operations Other employees that work on the production line have been with the company for upwards of 20 years.
The owner’s role is of high-level strategic decisions for the business. He may make suggestions and has the final say on hiring decisions, etc. The Owner generally works 9 am – 2:30 pm. The seller will train the buyer on the various aspects of the business. Seller is willing to stay on a paid agreement and /or as a commission-based sales representative to keep business as usual going with a focus on sales.
LISTING DETAILS
Total Sales: $1,300,000
Cash Flow: $205,000
Inventory: $70,000
Inventory Included: Yes
Reason For Sale:
Retirement
Training & Support:
2 Weeks @ 20 hours per
OPERATION
Year Established: 1980
Days & Hours of Operation: 6am - 4pm
Owner Hours Per Week:
Employees: 11
LOCATION
Monthly Rent: $13,000
Type of Location: Industrial Complex
Square Footage: 27000
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