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$235,000
Sold For
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$850,720
Revenue
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Yes
SBA Financing
The company designs and manufactures indoor and outdoor furnishings for public spaces including malls, hotels, resorts, commercial centers, and education facilities.
The Company has been established for over thirty years and has supplied benches, tables, chairs, planters, litter receptacles and more for hundreds of retail centers, hotels, resorts, universities, and public plazas across the country.
The Company has a broad standard product line and is well known for its custom fabrication skills and experience. The company manufactures both custom and semi-custom furniture for customer specific designs, locations and environments.
Financial Summary
Summary | 2018 | 2017 | 2016 |
Revenue | $850,720 | $519,755 | $326,374 |
Cost of Goods Sold | $496,664 | $229,115 | $218,692 |
Gross Margin | $354,056 | $290,640 | $107,682 |
Operating Expenses | $173,200 | $232,510 | $227,974 |
Net Profit | $180,856 | $141,958 | -$120,292 |
EBITDA | |||
Owners Benefits | $19,175 | $1,076 | $136,375 |
Discretionary Earnings | $200,031 | $143,034 | $16,083 |
- $850,720 Revenue
- $200,031 Discretionary Earnings
- SBA Financing Available for qualified buyer
- $50,000 down with SBA Financing
- Excellent Books and Records
The company works closely with architects and designers to create the exact look and functionality desired by the client. There are no “retail” or consumer accounts or sales, all sales are B2B to commercial clients.
The Seller is retiring and has some medical issues.