Office Furniture Procurement for Government Contracts

Asking Price$1,215,000

Cash Flow
$431,790
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$5,272,517

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Office Furniture Procurement for Government Contracts


Asking Price$1,215,000

Cash Flow
$431,790
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$5,272,517

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Established in 2010, this company
provides comprehensive project management services for office furnishings and workstations including procurement, interior layout design, coordination of transportation &installation. Their federal client base includes the Department of Veterans Affairs, US Army Corps of Engineers, USDA, and the Defense Logistics Administration. The team consists of an Operations Manager who oversees billing and scheduling, a Sales Associate responsible for generating leads and managing client relationships, and a Designer who collaborates on interior layout aspects. Minority owner is the COO; he actively manages all aspects of the business. Majority owner is absentee and checks in 3 - 5 hours per week. He has no rolesor responsibilities needing replaced. The decision to sell stems from the aging owner’s plans for retirement. The sellers have offered to carry 20% of the purchase price in addition to a 1–2-year transition in order to show their vested interest in the continued success of the business moving forward.
Priced at $1,125,000, a 10% down payment of $125,100 can return $173,570 in the first year after debt payments! Future growth opportunities include an increase in bidding efforts and staff expansion. There is significant potential to expand current bidding activities on government contracts. Hiring additional staff dedicated to bidding and quoting could streamline processes further and allow for increased capacity to take on more projects simultaneously. With its comprehensive service offerings tailored specifically for federal clientele and clear avenues for growth through increased bidding efforts and staff expansion, this presents an attractive opportunity for prospective buyers looking to enter or expand within this sector.
About the Business
Years in Operation
15
Number of Employees
3
Currently Relocatable
Yes
Currently Home Based
Yes
Opportunities for Growth
Increase the current bidding effort on government contracts and hire additional staff for bidding/ quoting
About the Sale
Seller Motivation
retirement
Transition Support
1-2 years
Financing Options
10 % Buyer Down Payment $ 125,1 00 2 0 % Seller Financing $ 250,2 00 7 0 % Bank Loan
Listing Info
ID
2267992
Listing Views
2030
Attached DocumentsAttachment Disclaimer

a_Summary_OFF024_A.pdf


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Business Listed by: The Firm Advisors The Firm Advisors, LLC

Listing ID: 2267992 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.