Hot Listing

Midwest Commercial Furniture and Fixtures Company

Asking Price$1,000,000

Cash Flow

EBITDA$330,000

Gross Revenue$1,640,000

InventoryNot Disclosed

FF&E$600,000
Included in asking price
Real Estate$1,800,000
Not included in asking price
listing imageSave
Hot Listing

Midwest Commercial Furniture and Fixtures Company


Asking Price$1,000,000

Cash Flow

EBITDA$330,000

Gross Revenue$1,640,000

InventoryNot Disclosed

FF&E$600,000
Included in asking price
Real Estate$1,800,000
Not included in asking price

Seller Financing Available
Business Description
Attractive Add-On for Interior Design and Manufacturing
This well-established Midwest Company provides commercial space planning, layout and design and manufactures and installs architectural millwork, cabinetry, and upholstered seating for bars, restaurants, hotels, retail spaces, offices, and select large residences. The Company stands out in its project and fixture design and manufacturing of fixtures that are difficult to source and those requiring a very specialized skill set. Its ability to produce highly customized fixtures is so well known that millwork shops hire the Company to build fixtures for them. With its talented staff and modernized facility, the Company is poised for continued growth in an industry that has very little competition.
About the Business
Years in Operation
19
Employees
30
Facilities & Assets
The manufacturing facility is 24,000 square feet that was renovated about 10 years ago. All major capital improvements have been made and the company does not expect any more.
Opportunities for Growth
Increased marketing – Nearly all current sales are unsolicited, generated by the Company’s abilities and reputation. A marketing boost could expand sales. 
Higher-margin markets – Margins for custom furniture can be lower in the Company’s current market. Profits could be boosted by expansion into higher-margin markets in larger cities. 
Greater automation – The Company has invested in machinery to reduce labor costs, but that effort could be accelerated by new owners.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
23,920
About the Sale
Seller Motivation
Retirement, following a multi-year transition period
Transition Support
Owner willing to remain on with the business for multiple years following the transaction.
Financing Options
10-20% Seller Note
Listing Info
ID
2352612
Listing Views
2292

Contact Seller

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Business Listed by: Tyson Vandervelde NuVescor Group

Listing ID: 2352612 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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