Wholesaler

Primary Category: Office Furniture

Asking: $4.2M
Gross: $5.8M
Cash Flow: $1.14M
Furniture, Fixtures & Equipment: TBD
Financing: TBD

Summary Description
CFS (Commercial Furnishing Specialist) has been serving the local community for almost two decades. Specializing in high-end new and refurbished furniture. They offer their commercial clientele quality products and custom space-planning services. The current owner has been successful in growing the business over 10 percent each year, and has maintained profit margins of around 20 percent or higher. Little to no customer concentration.

The company has key management in place and 5 competent account managers that handle project management from space design, to proposal creation, customer service, and ordering and delivery coordination.

In addition to fulfilling their corporate client’s space planning and moving needs, they also offer staging services to landlords. This has been especially popular lately as vacancy rates have increased and landlords and property managers are trying harder than ever to fill their open commercial real estate.

The company has had aggressive growth in the last 3-4 years and still has much more potential. There is no formal marketing in place, there are only 2 sales reps, and they currently only serve one county. Development of a mature marketing strategy, hiring of additional sales representatives, and local geographic expansion to nearby counties will take this company to even greater heights!

DISCLAIMER:  Information has been provided by the Seller(s).  Broker has not verified this information and makes no representation as to its accuracy.  Prospective Buyer(s) should rely upon their own verification and that of their financial and legal advisors of this information.

General Information
Year Established: 1990
Employees: 10+
Facilities: TBD

About the Sale
Support/Training: Four weeks at twenty hours a week
Reason Selling: Other Business Interests

Contact Information
Contact: Jaime
Phone: 714-255-8862, ext. 2003
Email: jaime@plethorabusinesses.com