Retailer

Primary Category: Office Furniture Retailer

Asking: $330K
Gross: $2M
Cash Flow: $90K
Furniture, Fixtures & Equipment: CALL
Financing: TBD

Summary Description

Founded in 1975, Office Furniture, Inc. ("OFI") is a reseller of new and used office furniture.  The Company operates out of a 14,000 square foot building in Orange County complete with a warehouse and large showroom.  OFI has a diverse customer base and long standing commercial accounts.   Revenue has increased from $1 million in 2003 to over $2 million in 2005.  The Company is owned by an absentee shareholder with virtually no involvement in the business; one full-time general manager is responsible for overseeing operations. The owner is selling because he is moving out of state.  OFI could benefit from an owner interested in a having a more active role in the business to streamline operations, improve profit margins, and continue to drive revenue growth. 

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: 30+
Employees: 7
Facilities: 14,000 sq. ft.

About the Sale
Support/Training: One Month
Reason Selling: Owner is moving out of state

Contact Information
Contact: Kevin Westberg
Phone: 714-255-8862 ext. 3232
Email: kwestberg@plethorabusinesses.com